The Evolution of Modern Capitalism: A Study of Machine Production

Chapter 10

Chapter 1091 wordsPublic domain

THE ECONOMY OF HIGH WAGES 261

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.