Modern Industrialism; An Outline of the Industrial Organization As Seen in the History, Industry, And Problems of England, the United States, And Germany
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In our eReader you can find the full English version of the book. Read Modern Industrialism; An Outline of the Industrial Organization As Seen in the History, Industry, And Problems of England, the United States, And Germany Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Modern Industrialism; An Outline of the Industrial Organization As Seen in the History, Industry, And Problems of England, the United States, And Germany
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One result only can come from these alliances, a result clearly perceivable in higher prices and increased burden for the consumer to carry. Competitors will be forced to pay the higher wages secured to the labor group through the alliance, and the consumer can not look for relief from that source. Bitter warfare may occasion- ally break out betwQcn the members of the alliance over the division of the spoils, but mutual interests will soon find a way to avoid disagreements over wages and profit...s. High prices from such causes will be productive of a decreased purchasing power, a closing of employment to many by the restrictive action of the union, the rapid appearance of a proletariat and the forming of class lines more marked- ly than in the past. Such an outcome will lessen rather than strengthen the faith of the individualist in the com- petitive system and establish the socialist as a prophet.
From what has been said it will be seen that industry in America, as well as in other lands, is involved in serious problems the solution of which stirs the very foundation of modern industrial society.
What to read after Modern Industrialism; An Outline of the Industrial Organization As Seen in the History, Industry, And Problems of England, the United States, And Germany?
You can find similar books in the "Read Also" column, or choose other free books by Mcvey, Frank Lerond, 1869-1953 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
One result only can come from these alliances, a result clearly perceivable in higher prices and increased burden for the consumer to carry. Competitors will be forced to pay the higher wages secured to the labor group through the alliance, and the consumer can not look for relief from that source. Bitter warfare may occasion- ally break out betwQcn the members of the alliance over the division of the spoils, but mutual interests will soon find a way to avoid disagreements over wages and profit...s. High prices from such causes will be productive of a decreased purchasing power, a closing of employment to many by the restrictive action of the union, the rapid appearance of a proletariat and the forming of class lines more marked- ly than in the past. Such an outcome will lessen rather than strengthen the faith of the individualist in the com- petitive system and establish the socialist as a prophet.
From what has been said it will be seen that industry in America, as well as in other lands, is involved in serious problems the solution of which stirs the very foundation of modern industrial society.
What to read after Modern Industrialism; An Outline of the Industrial Organization As Seen in the History, Industry, And Problems of England, the United States, And Germany?
You can find similar books in the "Read Also" column, or choose other free books by Mcvey, Frank Lerond, 1869-1953 to read onlineMoreLess
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