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Excerpt from The Effects of Machinery on Wages
Induced in general to give more consideration to the dangers of Machinery, which appeared to me to have been almost entirely overlooked. The first step towards the amelioration of the evils caused by Machinery is to see distinctly what the evils are. The greatest, I take it, lies in the fluctuations and precariousness of wages, the inevitable result of a system of large industries.1 In many cases the proximate cause of this evil is over-production, and working-men have not unnaturally rushed to the conclusion that limitation of the supply is a remedy for all their troubles. But this is applying to freely produced commodities the laws which govern monopoly values only. Over-production I have pointed out can only exist relatively to the demand and the means of distribution, and in this sense is very likely to occur. But it is useless to consider one factor to the exclusion of the others; supply can only be perfectly adjusted by a perfect knowledge of the demand and the means of dis.
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The Effects of Machinery on Wages (Classic Reprint)
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Paperback. Condizione: New. Print on Demand. This book delves into the impacts of machinery on wages during the Industrial Revolution. The author analyzes historical events and economic theories to shed light on the complex relationship between technological advancements and the livelihoods of workers. The book traces the evolution of machinery from a labor-substituting force to an auxiliary tool that enhances productivity. It also examines the social and economic consequences of mechanization, including the rise of factories, the division of labor, and the emergence of labor unions. Ultimately, the book provides valuable insights into the interplay between technological innovation and the well-being of workers, offering a nuanced understanding of a pivotal period in economic history. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781330571255_0
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The Effects of Machinery on Wages Classic Reprint
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330571255
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The Effects of Machinery on Wages Classic Reprint
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330571255
Quantità: 15 disponibili