Problems of Poverty

Name: Problems of Poverty
Availability: OutOfStock
ISBN: 9780554269320

ISBN-10: 0554269325

ISBN-13: 9780554269320

Edition: 2008

Authors: John A. Hobson

List price: $27.99

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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,…

Book details

List price: $27.99
Copyright year: 2008
Publisher: Creative Media Partners, LLC
Binding: Hardcover
Pages: 208
Size: 7.00" wide x 10.00" long x 0.50" tall
Weight: 1.364
Language: English