The Meaning of Business Or the Science of Success
The Meaning of Business Or the Science of Success
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In our eReader you can find the full English version of the book. Read The Meaning of Business Or the Science of Success 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 The Meaning of Business Or the Science of Success
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18 Wages, profit and interest depend then primarily upon the abundant production of the right articles. To produce little or to produce the wrong articles is to impair at once the prosperity of the community, the workman, the employer and the capitalist. Every one has observed that men seem to be prosperous and depressed at the same time: the factories are busy when trade is brisk, and trade is brisk when wages and profits are high.
Wages, profits and interest are therefore earned and paid by t...he industry, and except they be so earned they cannot be paid. Assuming that all are earned, what con- trols the relative part of each? Laborers think the em- ployer pays and fixes wages; and the employer thinks the labor union fixes them. The truth is that neither can control. Where a man can get five dollars a day he will not work for three, and where an employer cannot make a profit at the wages demanded he will stop his enterprise. Neither controls the other, each is subject to the same compelling influence.
What to read after The Meaning of Business Or the Science of Success?
You can find similar books in the "Read Also" column, or choose other free books by American Credit Indemnity Company of New York to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
18 Wages, profit and interest depend then primarily upon the abundant production of the right articles. To produce little or to produce the wrong articles is to impair at once the prosperity of the community, the workman, the employer and the capitalist. Every one has observed that men seem to be prosperous and depressed at the same time: the factories are busy when trade is brisk, and trade is brisk when wages and profits are high.
Wages, profits and interest are therefore earned and paid by t...he industry, and except they be so earned they cannot be paid. Assuming that all are earned, what con- trols the relative part of each? Laborers think the em- ployer pays and fixes wages; and the employer thinks the labor union fixes them. The truth is that neither can control. Where a man can get five dollars a day he will not work for three, and where an employer cannot make a profit at the wages demanded he will stop his enterprise. Neither controls the other, each is subject to the same compelling influence.
What to read after The Meaning of Business Or the Science of Success?
You can find similar books in the "Read Also" column, or choose other free books by American Credit Indemnity Company of New York to read onlineMoreLess
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