The Modern Distributive Process: Studies of Competition and Its Limits, of the Nature and Amount of Profits, and of the Determination of Wages, in the Industrial Society of to-Day (Classic Reprint) - Softcover
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Excerpt from The Modern Distributive Process: Studies of Competition and Its Limits, of the Nature and Amount of Profits, and of the Determination of Wages, in the Industrial Society of to-Day
It is the aim of these studies to analyze the natural group system of modern industry to determine where within it competition is possible, and where combination is naturally invited 5 to ascertain the extent to which this movement checks individual rivalry and to determine the nature and scope of that residual competition which is the controlling principle of the new regime. They thus undertake to separate that which is transient from that which is permanent in the Ricardian Theory of Distribution.
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The Modern Distributive Process (Classic Reprint)
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Paperback. Condition: New. Print on Demand. This book examines the principles of distribution of wealth, focusing on the processes by which income is divided among individuals in modern societies. In contrast to earlier economic theories, which assumed unlimited competition, this book argues that the real world is characterized by the formation of groups and combinations that influence the distribution of income. The author analyzes the natural group system of modern industry, identifies where competition is possible and where combinations are naturally invited, and demonstrates that residual competition remains a significant regulating principle. The book also discusses the ethical consciousness of society, which influences the distribution of income and promotes the natural movement towards equity. Through its insights, this book provides a deeper understanding of the complex processes that determine the distribution of wealth and the role of competition and cooperation in shaping economic outcomes. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330279724_0
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The Modern Distributive Process Studies of Competition and Its Limits, of the Nature and Amount of Profits, and of the Determination of Wages, in the Industrial Society of toDay Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330279724
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The Modern Distributive Process Studies of Competition and Its Limits, of the Nature and Amount of Profits, and of the Determination of Wages, in the Industrial Society of toDay Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330279724
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