SUPPLY AND DEMAND
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of improving his position, the ambitious
operative is not likely to work with much
enthusiasm.
When all this has been said, however,
every aspect of the problem of the efficiency of
labour has not been presented. A community
is only rendered most efficient, in the broadest
sense of the term, when the most valuable
productive potentiality of each person has
been rendered actual. To bring out the
highest powers of the individual and place
him at work suited to his capacity implies an
educational system which is successful both
in disclosing and training ability and a social
system wherein an individual, whatever the
grade of his birth, finds no difficulty in making
his way into the economic ranks for func
tioning in which he is well endowed naturally
and properly prepared. Given these conditions
and a sufficiency of initiative and perseverance
in the individual, the vertical mobility of
labour (by which is meant the recruiting of one
economic class from another) is said to be
high.
The end of production, we must bear in
mind, is not to secure the greatest volume of
goods, but, other things being equal, the
greatest volume when they consist in the
articles and services most in demand. Exactly