Finanzen und Steuern im In- und Ausland

Bibliographic data

Monograph

Identifikator:: 1823190766

URN:: urn:nbn:de:zbw-retromon-220010

Document type:: Monograph

Title:: Finanzen und Steuern im In- und Ausland

Place of publication:: Berlin

Publisher:: Hobbing

Year of publication:: 1930

Scope:: 896 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:: Erster Hauptteil. Deutsche Finanz- und Steuerstatistik

Collection:: Economics Books

214 INDUSTRIAL REVOLUTION AND WAGES foreign markets so that they may be able to absorb our sur- plus output. He very strikingly stated this point of view in the American Federationist, as follows :* There is no such thing as a saturation point in the public’s consumption of goods. Increase the country’s payroll and the supposed “saturation point” will disappear. There is, on the other hand, very decidedly such a thing as expanding mar- kets. Just as our home town industries gradually sold to state-wide and nation-wide markets, and then to foreign mar- kets, so have modern mass production and mass distribution stimulated mass consumption—of Ford cars, Yale locks, type- writers, cotton goods, shoes, cigarets, etc.—not only in the United States, but throughout the farthest areas of civilized life. Now, where do we come in? What do we get out of this wonderful growth of mass production and mass distribution, that is spreading over the country and over the world? I am a shopkeeper. You are a possible customer. I realize that to get your trade I must have good goods at right prices and that you must have steady employment at right wages. Such good business is based on common sense, fair-minded- ness, and the economic trinity which has built up our national prosperity and high standard of living, viz.: Mass production and mass distribution at high wage scales, and low profit- taking per article that will insure the third element, mass consumption. But to get back to you and me: I must pay salaries that will enable my employees to buy freely the products of your work, so that you will have a good margin of surplus earnings to spend freely in my shop. We all profit by the larger vol- ume of business done, both in production and distribution, and we have higher living standards as a result. In a word, we take in each other’s washing. But all the wash isn’t in the same basket. Approximately one-third of 1 “Prosperous Neighbors Swell the Nation’s Pay Roll,” by Edward A. Filene, President, Wm. Filene’s Sons Co., Boston, Mass. American Federa- tiowist, 1928, pp. 161-163,

Access restriction

Copyright

fullscreen: Finanzen und Steuern im In- und Ausland

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation