The Philosophy of Wealth. Economic Principles Newly Formulated
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In our eReader you can find the full English version of the book. Read The Philosophy of Wealth. Economic Principles Newly Formulated 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 Philosophy of Wealth. Economic Principles Newly Formulated
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of men, but completely dehumanized in its organic action. It would be a collective brute.
Such a condition was hot fully realized, but was approximated during the period of declining wages.
The degree of approximation sufficed to reduce wages to a starvation limit. There was some competition among employers ; their shops were small and rela- tively numerous. There was an appreciable chance of realizing the condition described by Cobden, by the formula, "two bosses after one man"; but this chanc...e was indefinitely more than offset by the greater frequency and intensity of the struggles of the men to secure employment from the " one boss." Aside from the greater unity of action on the side of capital, there was a source of unfairness in the dis- tributive contest in the unequal motives of the com- petitors on the different sides. The impulse to raise wages never equalled the impulse to depress them.
The employers had less at stake in the struggle to enlarge their working forces, than had the laborers in the contest for employment.
What to read after The Philosophy of Wealth. Economic Principles Newly Formulated?
You can find similar books in the "Read Also" column, or choose other free books by Clark, John Bates, 1847-1938 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
of men, but completely dehumanized in its organic action. It would be a collective brute.
Such a condition was hot fully realized, but was approximated during the period of declining wages.
The degree of approximation sufficed to reduce wages to a starvation limit. There was some competition among employers ; their shops were small and rela- tively numerous. There was an appreciable chance of realizing the condition described by Cobden, by the formula, "two bosses after one man"; but this chanc...e was indefinitely more than offset by the greater frequency and intensity of the struggles of the men to secure employment from the " one boss." Aside from the greater unity of action on the side of capital, there was a source of unfairness in the dis- tributive contest in the unequal motives of the com- petitors on the different sides. The impulse to raise wages never equalled the impulse to depress them.
The employers had less at stake in the struggle to enlarge their working forces, than had the laborers in the contest for employment.
What to read after The Philosophy of Wealth. Economic Principles Newly Formulated?
You can find similar books in the "Read Also" column, or choose other free books by Clark, John Bates, 1847-1938 to read onlineMoreLess
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