Economic War And a League of Nations Or Why Germany Must Pay
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In our eReader you can find the full English version of the book. Read Economic War And a League of Nations Or Why Germany Must Pay Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Economic War And a League of Nations Or Why Germany Must Pay
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Of course if the nation were unsuited to produce " A, " and could not educate itself to this higher production, it would be forced to descend to the industry " B, " and might actually do better in this than in "A " and have to be content with a worse industr}^ and a lower standard of living.
Now there is no international competition in the most vmskillcd industries producing merely a lixing wage, except througli the starvation of the wcn-kcrs, or by nations with a lower standard of living, and ...the higher Uk- digi\'e of skilland the greater the margin of profit per worker the ECONOMIC WAR AND A LEAGUE OF NATIONS 5 more severe will be this competition. Thus we are right in assuming " B " to be the product of a less skilled industry and the dislocation of an industry by foreign competition must result in descent to a lower one for, did a higher one follow, the competition would be more, not less, severe ; nor will any rational nation of equal civilization offer to do our unskilled work for us or permit our workers to get wealthy at their expense.
What to read after Economic War And a League of Nations Or Why Germany Must Pay?
You can find similar books in the "Read Also" column, or choose other free books by J S Hecht to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Of course if the nation were unsuited to produce " A, " and could not educate itself to this higher production, it would be forced to descend to the industry " B, " and might actually do better in this than in "A " and have to be content with a worse industr}^ and a lower standard of living.
Now there is no international competition in the most vmskillcd industries producing merely a lixing wage, except througli the starvation of the wcn-kcrs, or by nations with a lower standard of living, and ...the higher Uk- digi\'e of skilland the greater the margin of profit per worker the ECONOMIC WAR AND A LEAGUE OF NATIONS 5 more severe will be this competition. Thus we are right in assuming " B " to be the product of a less skilled industry and the dislocation of an industry by foreign competition must result in descent to a lower one for, did a higher one follow, the competition would be more, not less, severe ; nor will any rational nation of equal civilization offer to do our unskilled work for us or permit our workers to get wealthy at their expense.
What to read after Economic War And a League of Nations Or Why Germany Must Pay?
You can find similar books in the "Read Also" column, or choose other free books by J S Hecht to read onlineMoreLess
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