The stock market crash - and after

Bibliographic data

Monograph

Identifikator:: 1815583320

URN:: urn:nbn:de:zbw-retromon-204544

Document type:: Monograph

Author:: Fisher, Irving http://d-nb.info/gnd/118533541

Title:: The stock market crash - and after

Place of publication:: New York

Publisher:: Macmillan

Year of publication:: 1930

Scope:: XXVI, 286 S.; graph. Darst

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter X. Labor's Coöperative Policy

Collection:: Economics Books

160 The Stock Market Crash—dAnd After economy and production may be completely accom- plished. Through the development of a codpera- tive spirit and the establishment of a frank relation- ship the rewards of the efforts of all those asso- ciated with industry can be equitably distributed. “The wisdom of such a policy will be made mani- fest in a high standard of workmanship, in increased industrial earnings, in waste elimination, and in the personal contact between management and workers which is free from suspicion, antagonism and hatred.” Under the leadership of William Green, Labor now boasts of trying to save waste, realizing that the ultimate source of wages is productivity. “We will rely on facts rather than on force,” President Green announced at the annual convention of his organiza- tion in Los Angeles in 1927. This was in comment on the report of the Federation's Executive Council that “unless workers are to be put at a disadvantage in maintaining and advancing wages, unions must gather their own statistics and make their own inter- pretations of the statistics compiled by statistical bureaus and employers.” John P. Frey, a member of the Council, declared that the Federation's principle that “wages of work- men must keep pace with their increasing power of production, has given the world a new instrument with which to measure wages.” In these statements lies the kernel of labor's new policy of fact-finding in furtherance of its battle for higher wages and increased purchasing power. Pro-

Access restriction

Copyright

fullscreen: The stock market crash - and after

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation