On Labour Its Wrongful Claims And Rightful Dues Its Actual Present And Possibl
On Labour Its Wrongful Claims And Rightful Dues Its Actual Present And Possibl
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have to work upon. Any further extension of the field of labour will be almost an impossibility, and thenceforward working men will require no excuse for doing their best in self-defence to prevent the adoption of labour-saving inno- vations. That day, however, is somewhat too distant a morrow to need to have much thought taken for it as yet, and in the meanwhile labour's hostility to machinery is quite as great a mistake as it is called. Over and above the injury it does to those general inter...ests in which labourers share in common with all other classes, it easily may do, and frequently does, a special injury to labour. For wherever labour is not in excess, whatever causes less labour to suffice for certain productive processes sets more labour free for other productive purposes, thereby increasing the productiveness of the whole mass of labour, and facilitating the accumulation of further capital for the em- ployment of further labour. In this manner the very machinery whose immediate tendency is to diminish em- ployment may, and often does, foster the growth of that which subsequently increases employment.
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To quickly assess the difficulty of the text, read a short excerpt:
have to work upon. Any further extension of the field of labour will be almost an impossibility, and thenceforward working men will require no excuse for doing their best in self-defence to prevent the adoption of labour-saving inno- vations. That day, however, is somewhat too distant a morrow to need to have much thought taken for it as yet, and in the meanwhile labour's hostility to machinery is quite as great a mistake as it is called. Over and above the injury it does to those general inter...ests in which labourers share in common with all other classes, it easily may do, and frequently does, a special injury to labour. For wherever labour is not in excess, whatever causes less labour to suffice for certain productive processes sets more labour free for other productive purposes, thereby increasing the productiveness of the whole mass of labour, and facilitating the accumulation of further capital for the em- ployment of further labour. In this manner the very machinery whose immediate tendency is to diminish em- ployment may, and often does, foster the growth of that which subsequently increases employment.
What to read after On Labour Its Wrongful Claims And Rightful Dues Its Actual Present And Possibl?
You can find similar books in the "Read Also" column, or choose other free books by Thornton, William Thomas, 1813-1880 to read onlineMoreLess
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