Political economy

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Monograph

Identifikator:: 867647221

URN:: urn:nbn:de:zbw-retromon-93157

Document type:: Monograph

Author:: Chapman, Sydney John http://d-nb.info/gnd/123743141

Title:: Political economy

Place of publication:: London [u.a.]

Publisher:: Williams & Norgate [u.a.]

Year of publication:: 1912

Scope:: 1 Online-Ressource (255 Seiten)

Collection:: Economics Books

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PROBLEMS OF DISTRIBUTION 247 resisting power and the lower becomes their efficiency. If this diagnosis—a diagnosis to which economic theory has led us—is correct, the cure for the species of sweating which has been selected for examination consists in measures which will raise the efficiency of ill- paid workers, bring about the removal of some of them to occupations for which a greater reward is obtainable, and check the tendencies which are driving their wages beneath their marginal worth. The problem of casual labour is usually envisaged as distinct from that of sweating, but the two are neighbouring species of one genus. In most cases of casual labour we meet again with an over-supply of labour which has sunk down, or has always been down, and is without the knowledge, energy, or training, which should bring about the dispersal of the surplus among other trades, while at the same time the individual bargain and disorganised demand flourish so that time is wasted in finding work and nobody is fully occupied. Again the solution is organisation and the fostering of social forces which in this particular case are atrophied or undeveloped. It is important that steps should be taken to reform the

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