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The Evolution of Modern Capitalism; A Study of Machine Production

The Evolution of Modern Capitalism; A Study of Machine Production


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About the Book

General Books publication date: 2009 Original publication date: 1907 Original Publisher: W. Scott Subjects: Capitalism Machinery in the workplace Industries Capital Industry Machinery in industry Notes: This is a black and white OCR reprint of the original. It has no illustrations and there may be typos or missing text. When you buy the General Books edition of this book you get free trial access to Million-Books.com where you can select from more than a million books for free. Excerpt: CHAPTER II. THE INSTRUMENTS OF CAPITALISM. A I. Scientific inventions and economic direction. A 2. The meaning of the term Capital. A 3. Place of Machinery in Capitalism. A 4. The financial aspect of Capitalism. A i. While the conditions laid down in our introductory chapter offer a variety of approaches to the study of capitalism, the efficient causation of the evolutionary process may be found in the application of scientific; indentions to the industrial arts, and in the new art of economic direction as expressed in the methods of the modern entrepreneur. From these two standpoints we may most profitably study the evolution of the structure and functions of capitalist business. Following the history of the application of new scientific methods, we shall be kept in close touch with the changes of productive processes which give increased importance to "fixed" capital in the form of machinery and power, involving radical changes in the use of labour-power and indirectly in the structure of markets and the life of industrial communities. Following the other route, our study of the changing rationale of business enterprise will yield its primary results in a fuller understanding of the shifting relations between the persons whose intelligences and voluntary efforts contribute -- as employers, capitalists,1 labourers to the several processes of production, and of the capitalist business regarded as an organic cooperation of humanly ordered activities. The latter study ...


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Product Details
  • ISBN-13: 9781150512575
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 229 mm
  • No of Pages: 324
  • Spine Width: 19 mm
  • Width: 152 mm
  • ISBN-10: 1150512571
  • Publisher Date: 20 Dec 2009
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 476 gr

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