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The new industrial revolution and wages

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fullscreen: The new industrial revolution and wages

Monograph

Identifikator:
1804651486
URN:
urn:nbn:de:zbw-retromon-193069
Document type:
Monograph
Author:
Lauck, William Jett http://d-nb.info/gnd/173237126
Title:
The new industrial revolution and wages
Place of publication:
New York
Publisher:
Funk & Wagnalls
Year of publication:
1929
Scope:
ix, 308 S.
graph. Darst.
Digitisation:
2022
Collection:
Economics Books
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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
Chapter VII. Acceptance of the theory of an adequate basic wage
Collection:
Economics Books

Contents

Table of contents

  • The new industrial revolution and wages
  • Title page
  • Contents
  • Chapter I. Introduction
  • Chapter II. Pre-war principles and methods
  • Chapter III. The war period - an interregnum
  • Chapter IV. Post-war conflict and reconstruction
  • Chapter V. The emergence of a new constructive policy
  • Chapter VI. Abandonment of the cost-of-living and supply-and-demand theories
  • Chapter VII. Acceptance of the theory of an adequate basic wage
  • Chapter VIII. Acceptance and general application of the theory of productive efficiency
  • Chapter IX. Increased consumption and prospertity accepted as an outgrowth of lower costs and higher wages
  • Chapter X. The real significance of the new industrial revolution, and the conditions of future progress
  • Chapter XI. Constructive remedies needed
  • Chapter XII. Labor and the new industrial revolution

Full text

ACCEPTANCE OF NEW THEORY 113 
COL. DAVID CARNEGIE, F.R.S., EDINBURGH, FORMER MEMBER 
IMPERIAL MUNITIONS BOARD, CANADA! 
Every one knows that there is something wrong in Society 
and Industry. There is no peace. Business, politics and 
Church are all disturbed. The war is blamed for the unrest. 
[t is said that 45,000,000 people in Britain, and hundreds of 
millions throughout the world cannot be shaken up for four 
years without disturbing the peace. This is admitted, but 
we deceive ourselves if we think that the war is the cause 
of the industrial unrest. The war has aggravated the situ- 
ation, but is not responsible for it. The cause lies a long way 
back. The war has forced the problems of Industry upon 
the Church. Chaplains and other preachers have had a bap- 
tism of light on the battlefield from men who never darkened 
a church door. They believe they have discovered why men 
discount organized religion. The Church has become aroused; 
she acknowledges that she has been negligent, and there is a 
need for repentance and a new birth. The Church sees the 
people of the world at loggerheads, and she is now standing 
by wringing her hands and lamenting her past indifference, 
powerless to help. 
The Church now recognizes, when too late, that the work- 
ers have been undervalued, underpaid, underhoused and over- 
worked. She sees that labor has now the power to secure, 
without the Church’s help, what it considers fair in pay, in 
hours and conditions of work. The Church sees a conflict 
proceeding between labor and capital and the Government in 
which it appears that labor can dictate its own terms. The 
Church sees, further, the possibility of great national loss, if 
a party or class government with ignorance and power 
become autocratic, as in Russia to-day. 
The Church believes it knows the rules of the game in 
Industry and in the disputes arising therefrom. She is 
anxious to tell them to the contending parties. Labor says 
it ought to have done that years ago when the employers 
"14Can Church and Industry Unite?” Marshall Brothers, London, 1920, 
pp. 92-94.
	        

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The New Industrial Revolution and Wages. Funk & Wagnalls, 1929.
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