Principles of Social Economics, Inductively Considered And Practically Applied, With Criticisms On Current Theories
The book Principles of Social Economics, Inductively Considered And Practically Applied, With Criticisms On Current Theories was written by author George Gunton Here you can read free online of Principles of Social Economics, Inductively Considered And Practically Applied, With Criticisms On Current Theories book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Principles of Social Economics, Inductively Considered And Practically Applied, With Criticisms On Current Theories a good or bad book?
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This is equally true of labor, and for precisely the same rea- son. Upon the same principle that the producer cannot or will not consent to continuously sell a commodity for less than it cost him to produce it, or than it will cost him to replace it, the laborer cannot or will not long consent to sell his service for less than it costs him (and his family) to live. He will, as ex- perience shows, often work for less than would supply him with exceptional comforts and luxuries, but he will not c...ontinuously work for less than will furnish him with those things which by constant repetition and the force of habit have become necessi- ties. Rather than forego these he will refuse to work, and will inaugurate strikes, riots, and other means of endangering the peace and prosperity of the community. If two dollars per day is the minimum amount upon which a cer- tain portion of a given class of laborers can or will consent peace- fully to live, then that amount must be paid them in order to ob- tain their labor.
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