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 IV. Post-war conflict and reconstruction

Collection:: Economics Books

CONFLICT AND RECONSTRUCTION 59 decency” for the average family of a Government clerk in the City of Washington, This task was accomplished with the greatest scientific care and accuracy, and with proper reference to the pre- vious investigations made by the Bureau as to actual living costs of wage-earning families. The first budget, pub- lished in 1919, was tentative, but it was revised in 1920 after further investigations by the Bureau, and by the findings of a sub-committee of the National Conference on Social Work with special reference to the industrial worker. The level of living which it was aimed to establish in this budget may be best described in the words of the Bureau’s own explanation, as follows :! Previous studies of the subject have analyzed the concep- tion of budget level and have distinguished several levels. Some of the more important of these are as follows: {a) The pauper or poverty level. This represents roughly a standard of living just above where families receive aid from charity or where they run into serious debt. (b) The minimum of subsistence level. This is based essentially on mere animal existence and allows little or nothing for the needs of men as social creatures. (¢) The minimum of health and comfort level. This rep- resents a slightly higher level than that of subsistence, pro- viding not only for the material needs of food, shelter, and body covering, but also for certain comforts, such as clothing sufficient for bodily comfort and to maintain the. wearer's instinct of self-respect and decency, some insurance against the more important misfortunes—death, disability, and fire— good education for the children, some amusement, and some expenditures for self-development. Inasmuch as the primary aim of this study was to furnish L United States Bureau of Labor Statistics, Washington, 1920.

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