Economic Reconstruction: A Further Development of a National System of Economics (Classic Reprint) - Softcover
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Excerpt from Economic Reconstruction: A Further Development of a National System of Economics
The fact that moral considerations are ex pressly excluded from the science of Laissez faire may go far to explain the extremely bitter controversies that have existed between manage ment and labour in the past in this country. That such a science should have been taught in our public schools and universities will one day be regarded as among the intellectual and moral shortcomings of our age.
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Economic Reconstruction (Classic Reprint)
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Paperback. Condition: New. Print on Demand. This enlightening text explores the fundamental economic concept of capital, providing a comprehensive definition. The author argues that capital encompasses not only physical assets and wealth but also personal attributes like knowledge, skills, and experience. This perspective challenges the traditional understanding of capital as solely external resources and highlights the crucial role of human potential in wealth creation. The book places this concept within the context of broader social and economic issues, particularly the ongoing debates surrounding labor and capital. It underscores the interdependence of these elements, emphasizing that a harmonious relationship between management and labor is essential for economic prosperity. The author also discusses the misconceptions surrounding capital, particularly the misguided belief that it is inherently adversarial to labor. Throughout the text, the author draws upon historical examples and contemporary economic insights to illustrate the complex and multifaceted nature of capital. They argue that a comprehensive understanding of capital is vital for shaping sound economic policies and fostering a more equitable and sustainable society. This book is an indispensable resource for anyone seeking to deepen their understanding of this foundational economic concept and its implications for contemporary economic debates. 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 # 9781332448258_0
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Economic Reconstruction A Further Development of a National System of Economics Classic Reprint
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