The Evolution of Modern Capitalism: A Study of Machine ProductionHobson, J. A. (John Atkinson)
History
The Evolution of Modern Capitalism: A Study of Machine Production
Hobson, J. A. (John Atkinson)
Capitalism; Industries -- History; Machinery in the workplace
[204] _Op. cit._, p. 82. Babbage, in laying stress on one of the
"advantages" of machinery, makes an ingenuous admission of this
"forcing" power. "One of the most singular advantages we derive from
machinery is the check it affords against the inattention, the
idleness, or the knavery of human agents." (_Economy of Machinery_, p.
39; cf. also Ure, _Philosophy of Manufactures_, p. 30.)
[205] Porter, _Progress of the Nation_, p. 590.
[206] Cf. Schulze-Gaevernitz, p. 115.
[207] For a fuller treatment of this subject, see the next chapter.
[208] Cf. Patten, _The Theory of Dynamic Economics_, chap. xi.
[209] _Uses and Abuses of Money_, p. 111.
[210] _Principles_, p. 315.
[211] _Ibid._, p. 316.
[212] Page 435.
[213] A similar difficulty in distinguishing town influences from
specific trade influences confronted Dr. Arlidge in his investigation
into diseases of employments. "It is a most difficult problem to
solve, especially in the case of an industrial town population, how
far the diseases met with are town-made and how far trade-made; the
former almost always predominates." (_Diseases of Occupation_, p. 33.)
[214] Mulhall, _Dictionary of Statistics_, p. 545.
[215] Cf. Marshall, _Principles of Economics_, vol. i. p. 315.
[216] D.A. Wells, _Contemporary Review_, 1889, p. 392.
[217] Taylor, _Modern Factory System_, p. 435.
[218] Cf. the comparison of conditions of town and country labour in
Adam Smith's _Wealth of Nations_, Bk. I., chap. x., part 2.
[219] _Diseases of Occupations_, pp. 25, 26.
[220] _The Social Horizon_, p. 22.
[221] Ure, _Philosophy of Manufactures_, chap. i. p. 19.
[222] Marshall, _Principles of Economics_, p. 265.
[223] Cf. chap. x.
[224] Cf. Marshall, p. 265.
CHAPTER X.
THE ECONOMY OF HIGH WAGES.
§ 1. _The Economy of Low Wages._
§ 2. _Modifications of the Early Doctrine--Sir T. Brassey's
Evidence from Heavy Manual Work._
§ 3. _Wages, Hours, and Product in Machine-industry._
§ 4. _A General Application of the Economy of High Wages and
Short Hours inadmissible._
§ 5. _Mutual Determination of Conditions of Employment and
Productivity._
§ 6. _Compressibility of Labour and Intensification of Effort._
§ 7. _Effective Consumption dependent upon Spare Energy of the
Worker._
§ 8. _Growth of Machinery in relation to Standard of Comfort._
§ 9. _Economy of High Wages dependent upon Consumption._
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