Problems Of Poverty (Hardcover)

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The first condition of "sweating" is an abundant and excessive supply of low-skilled and inefficient labour. It needs no parade of economic reasoning to show that where there are more persons willing to do a particular kind of work than are required, the wages for that work, if free competition is permitted, cannot be more than what is just sufficient to induce the required number to accept the work. In other words, where there exists any quantity of unemployed competitors for low-skilled work, wages, hours of labour, and other conditions of employment are so regulated, as to present an attraction which just outweighs the alternatives open to the unemployed, viz. odd jobs, stealing, starving, and the poor-house.

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Product Description

The first condition of "sweating" is an abundant and excessive supply of low-skilled and inefficient labour. It needs no parade of economic reasoning to show that where there are more persons willing to do a particular kind of work than are required, the wages for that work, if free competition is permitted, cannot be more than what is just sufficient to induce the required number to accept the work. In other words, where there exists any quantity of unemployed competitors for low-skilled work, wages, hours of labour, and other conditions of employment are so regulated, as to present an attraction which just outweighs the alternatives open to the unemployed, viz. odd jobs, stealing, starving, and the poor-house.

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Product Details

General

Imprint

Kessinger Publishing Co

Country of origin

United States

Release date

September 2010

Availability

Expected to ship within 10 - 15 working days

First published

September 2010

Authors

,

Dimensions

254 x 178 x 11mm (L x W x T)

Format

Hardcover - Sewn / Cloth over boards

Pages

156

ISBN-13

978-1-169-26694-0

Barcode

9781169266940

Categories

LSN

1-169-26694-0



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