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The new industrial revolution and wages

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fullscreen: The new industrial revolution and wages

Monograph

Identifikator:
844773522
URN:
urn:nbn:de:zbw-retromon-50582
Document type:
Monograph
Author:
Tissot, Victor http://d-nb.info/gnd/117628085
Title:
La Hongrie de l'Adriatique au Danube
Place of publication:
Paris
Publisher:
Plon
Year of publication:
1883
Scope:
1 Online-Ressource (412 S., [12] Bl.)
Collection:
Economics Books
Usage license:
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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
Chapitre XVIIII
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

PRE-WAR PRINCIPLES AND METHODS 19 
visionary advocate in pre-war years could not have antici- 
pated in his wildest dreams. 
THE “SuBsisTENCE MINIMUM” 
Social and charitable workers were the first to see the 
necessity for new conditions and to advocate the begin- 
nings of their attainment. This was, as might have been 
expected, for the reason that their work and daily activi- 
ties brought them into immediate contact with the human 
and social evils of the prevailing wage system. They soon 
discovered that poverty, dependency, and delinquency were 
the inevitable outgrowth of conditions then existing. As 
they proceeded in their studies of the status of wage- 
earners they found that among families in the lowest 
industrial scale the requirements of physical life alone— 
food, shelter, clothing, and fuel—necessitated a certain 
minimum family income, and when the earnings of the 
husband, or the collective earnings of husband, wife and 
children, fell below the ability to satisfy these bare animal 
necessities, the family became a public charge. The earn- 
ings of the head of the family, it was therefore concluded, 
should never, under any conditions, be less than sufficient 
to cover the requirements of minimum family subsistence. 
The next step was to find out what wages and earnings 
actually were, and to compare them with these minimum 
requirements. This comparison developed the astounding 
fact that, among the multitude of unskilled American 
workers, average earnings were generally inadequate; in 
other words, that the heads of families could not provide 
their families with a bare physical subsistence. Equally 
startling was the discovery also that even this was difficult 
when the wages of the head of the family were supple- 
mented by the earnings of children, who should have been 
in school, and by the contributions of wives and mothers,
	        

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