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The new industrial revolution and wages

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Full text: The new industrial revolution and wages

Multivolume work

Identifikator:
1896933912
Document type:
Multivolume work
Author:
Keith, Arthur Berriedale http://d-nb.info/gnd/119086794
Title:
Responsible government in the Dominions
Place of publication:
Oxford
Publisher:
Clarendon Press
Year of publication:
1912-
Collection:
Economics Books
Usage license:
Get license information via the feedback formular.

Volume

Identifikator:
1896935052
URN:
urn:nbn:de:zbw-retromon-238139
Document type:
Volume
Author:
Keith, Arthur Berriedale http://d-nb.info/gnd/119086794
Title:
Responsible government in the Dominions
Volume count:
Vol. 2
Place of publication:
Oxford
Publisher:
Clarendon Pr.
Year of publication:
1912
Scope:
XI Seiten, Seiten 570-1100
Digitisation:
2022
Collection:
Economics Books
Usage license:
Get license information via the feedback formular.

Chapter

Document type:
Multivolume work
Structure type:
Chapter
Title:
Part IV. The federations and the union // Chapter II. The commonwealth of Australia
Collection:
Economics Books

Contents

Table of contents

  • The new industrial revolution and wages
  • Title page
  • Contents
  • Chapter I. Introduction
  • Chapter II. Pre-war principles and methods
  • Chapter III. The war period - an interregnum
  • Chapter IV. Post-war conflict and reconstruction
  • Chapter V. The emergence of a new constructive policy
  • Chapter VI. Abandonment of the cost-of-living and supply-and-demand theories
  • Chapter VII. Acceptance of the theory of an adequate basic wage
  • Chapter VIII. Acceptance and general application of the theory of productive efficiency
  • Chapter IX. Increased consumption and prospertity accepted as an outgrowth of lower costs and higher wages
  • Chapter X. The real significance of the new industrial revolution, and the conditions of future progress
  • Chapter XI. Constructive remedies needed
  • Chapter XII. Labor and the new industrial revolution

Full text

18 INDUSTRIAL REVOLUTION AND WAGES 
ried on by certain social agencies, was the most significant 
feature of the period immediately preceding the war. 
The facts as to wages and working conditions which had 
been developed by governmental and private inquiries were 
so startling and so fundamental in their industrial, social, 
and civic significance that it was clearly apparent that they 
could not continue to be ignored when considered from any 
standpoint—whether one of humanity, public welfare, or 
even from the point of view of profit or the future effect- 
iveness and productiveness of industry. To students, 
investigators, or industrial leaders with foresight, and to 
all groups of enlightened public opinion, it became increas- 
ingly evident that industry needed a constructive program 
for determining wages which (1) would lead to a wider 
and more equitable dissemination of economic welfare, 
(2) would make possible an upstanding, dependable citi- 
zenship in a self-governing republic such as ours, and 
which (3) in conjunction with improved methods of man- 
agement, would bring about greater productive efficiency 
in industry, and a larger and more stable measure of 
national prosperity. 
The gradual emergence of this point of view was in 
reality the most significant aspect of the pre-war period so 
far as the determination of wages was concerned. Opinion 
was slowly crystallizing toward changed principles and 
practical methods when we entered the World War. This 
interregnum, so to speak, temporarily put aside the move- 
ment then in progress, but the theories as to wage-fixing 
which were being advanced in the years 1914-1916 with- 
out practical success, have finally become, as we shall see 
later, the commonplaces of the post-war industrial world, 
and have not only met with general acceptance and appli- 
cation, but in some of their aspects have been elaborated 
and authoritatively sanctioned in a way that even the most
	        

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The New Industrial Revolution and Wages. Funk & Wagnalls, 1929.
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