Book Description
Excerpt from The Laborer and His Hire Justice Of wages has no fixed standard in money payment. So long as wage payment in dollars and cents is to be regulated in amount by wage competition justice will remain unpracticed, for machines multiply with the multiplication of their human competitors and each new man competes as one, each new machine as thousands. Perhaps exact justice by the money payment system can be arrived at never. Wages, to be fair to producers, must correspond to production. The varying volume of production, one year with another, makes a fixed rate impossible, gauged by the unyielding standard of justice. A fixed rate is a slave rate, - food and clothes sufficient to make the slave profitable being both minimum and maximum. A fixed rate, such as this, not varying with the varying volume and value of products, has, since man has been hired by man, worked the industrial disaster of the class that receives wages. In an industrial society where labor seeks employment a basis for wage rates must be found in the values of production or labor will be the victim of competing captains of industry. When men and machines multiply they who employ both reap profits. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.