Unternehmertum und Wirtschaftslähmung

The new industrial revolution and wages

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Monograph

Identifikator:: 1011220512

URN:: urn:nbn:de:zbw-retromon-20728

Document type:: Monograph

Author:: Hasenack, Wilhelm http://d-nb.info/gnd/118546589

Title:: Unternehmertum und Wirtschaftslähmung

Place of publication:: Berlin

Publisher:: Brückenverlag

Year of publication:: 1932

Scope:: 1 Online-Ressource (XV, 189 Seiten)

Digitisation:: 2018

Collection:: Business and Management Classics

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Document type:: Monograph

Structure type:: Chapter

Title:: II. Die Krise der kaufmännischen Moral

Collection:: Business and Management Classics

PRE-WAR PRINCIPLES AND METHODS 31 tering and Meat Packing Industry in 1917, Judge Samuel Alschuler, of the United States Circuit Court, was ap- pointed Arbitrator and Administrator in the industry by President Wilson. When sitting as an arbitrator to adjust wages, the principle of a wage for the lowest-paid worker sufficient to support himself and family in health and mod- est comfort, was urged before and accepted by him as a guiding principle in making his award. SUBSISTENCE AND MINIMUM STANDARDS COMPARED The precedents thus established had a pronounced effect upon wartime and post-war wage adjustments, and were the basis, as we shall see later, of many significant con- ‘roversies. The examples already cited, however, repre- sent the strictly pre-war developments. In order that these offsetting conceptions upon the “commodity,” or the so- called law of supply and demand theories of wages, may be quickly grasped, the subsistence and health-and-comfort standards, developed before the war, are shown below in chronological order. The differences in the costs of the various budgets show roughly the differences in the stand- ards which were put forward in this period: A. Subsistence Level Date i. Wage Earners’ Budgets in New York City, Louise B. More......1906 Standard of Living in New York City, Doctor R. C. Chapin......1907 Family Budgets in Chicago Stock Yards District, Professor J. C. Kennedy and others............1914 Costs and Standards of Living in New York State, New York Fac- tory Investigating Commission. .1914 Cost of Living of Unskilled Labor- er’s family, New York City, N. Y. Bureau of Personal Service.....1917 980.42 Amount $ 836.25 900.00 733.62 J.

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