Political economy

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Monograph

Identifikator:: 867647221

URN:: urn:nbn:de:zbw-retromon-93157

Document type:: Monograph

Author:: Chapman, Sydney John http://d-nb.info/gnd/123743141

Title:: Political economy

Place of publication:: London [u.a.]

Publisher:: Williams & Norgate [u.a.]

Year of publication:: 1912

Scope:: 1 Online-Ressource (255 Seiten)

Collection:: Economics Books

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PROBLEMS OF DISTRIBUTION 237 arrangement and direction is magnified. It is, therefore, in the interest of labour—and of the community as a whole—to encourage vertical mobility. Of vertical mobility good general and specialised education is an indispensable condition ; and such education is calculated to bear yet other fruit in the invention and discovery which advances the material interests of the human race. In the above discussion about the effect of trade unions on wages, it has been taken for granted that the efficiency of the workpeople remains the same ; but as a matter of fact trade unions may build up or undermine the efficiency upon which depends the joy of working as well as the external product of working. The organisation of labour means its professionalising, so to speak, which may create a pride of calling and a high standard of work and conduct ; but, on the other hand, efficiency must be lessened when the policy of slacking with a view to exten- sifying the demand for labour is adopted—a policy which is suicidal, because we all tend to become what we consistently pretend to be, and because character is not left unhurt by shamming—but we must not confound with such a policy resistance against the over driving which wears people out.

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