The new industrial revolution and wages

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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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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter X. The real significance of the new industrial revolution, and the conditions of future progress

Collection:: Economics Books

THE NEW INDUSTRIAL REVOLUTION 333 homes, wholesome food, healthful outings and recrea- tion, and good drama and literature” ? Is there any menace in the fact that the increased out- put per worker has made possible shorter hours of work, more leisure, the possibility of longer education, a more diversified life, a decline in the drudgery of household work, and the inauguration of the five-day- week movement? Can production be so forecast that it will be possible to adjust output to demand and thus prevent serious maladjustments and losses? Will it be possible to secure foreign markets for the surplus production of our farms, mills, and factories ? Has the demand for manufactured commodities been overstimulated by advertising, constant changes in styles, and instalment methods of selling? Will artistic values be forgotten, and craftsmanship disappear, in the constant striving toward increased standardization of commodities? Will sufficient leisure and income be secured by indus- trial workers to offset the drudgery and monotony of mechanized industries ? What is to be done about excess employees developed by the production of more commodities and services with constantly declining labor forces? Can new industries be developed to absorb those displaced in the older industries? What has been and what can be done about the excess of agricultural workers who are being displaced by the more extended use of farm machinery? These surplus workers formerly sought employment in manufacturing and mining communities, but if the expansion in these industrial centers can now be accomplished with even fewer wage-earners. will not 7 & J . J). J

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