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The new industrial revolution and wages

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Multivolume work

Identifikator:: 1818395479

Document type:: Multivolume work

Author:: Marx, Karl http://d-nb.info/gnd/118578537; Engels, Friedrich http://d-nb.info/gnd/118530380

Title:: Historisch-kritische Gesamtausgabe

Place of publication:: Frankfurt a.M.

Publisher:: Marx-Engels-Archiv

Year of publication:: 1927-

Collection:: Economics Books

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Volume

Identifikator:: 1823189806

URN:: urn:nbn:de:zbw-retromon-213998

Document type:: Volume

Author:: Engels, Friedrich http://d-nb.info/gnd/118530380; Marx, Karl http://d-nb.info/gnd/118578537

Title:: Werke und Schriften bis Anfang 1844

Volume count:: 1,2.1930

Place of publication:: Frankfurt a.M.

Publisher:: Marx-Engels-Archiv

Year of publication:: 1930

Scope:: LXXXII, 691 S.

Digitisation:: 2022

Collection:: Economics Books

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

Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Dichtungen aus dem Jahre 1837

Collection:: Economics Books

232 INDUSTRIAL REVOLUTION AND WAGES tivity of our industry, but prosperity should not prevent us from recognizing that each step in the march of progress brings us face to face with new problems whose solution will require all the knowledge we can muster and all the wisdom we possess. As to the soundness of these conclusions there can be no doubt. Altho the recent period of new industrial thinking and leadership has been marked by remarkable productive gains, it has also brought into play new forces which must be intelligently dealt with, and has been accompanied by a train of major and minor problems which must be solved. The new industrial revolution is, as a matter of fact, in the full flush of its early development. It has, as might be expected, already produced problems and conditions some of which are of fundamental importance in their bearing upon the future. They must, of course, have our best thought and action if the real advantages of the new industrial order are to be attained. ProBLEMS AND Conpitions WHIcH HAVE BeeN DEVELOPED The more pressing and vital questions which have appeared as an outgrowth of the new era of industrial efficiency require immediate and serious consideration. Other more general and relatively less acute problems and results also are beginning to be clearly discernible. The general situation in which industry now finds itself may be briefly recapitulated as follows: 1. Is too much of the increased purchasing power and leisure, which have come from increased productivity, devoted to “buying and using automobiles, radios, movies, silk stockings, cosmetics, bootleg liquor, and sensational journalism, and not enough upon adequate

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