Labor And Capital Are One


Labor And Capital Are One
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Labor And Capital Are One


Labor And Capital Are One
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Author : Elliott Fitch Shepard
language : en
Publisher:
Release Date : 1886

Labor And Capital Are One written by Elliott Fitch Shepard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1886 with Capital categories.




Wage Labor And Capital


Wage Labor And Capital
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Author : Karl Marx
language : en
Publisher: Forgotten Books
Release Date : 2015-06-25

Wage Labor And Capital written by Karl Marx and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-25 with Business & Economics categories.


Excerpt from Wage-Labor and Capital In this volume are presented two of the earlier writings of Karl Marx, with a special "Introduction" to each by Frederick Engels. The first, entitled Wage-Labor and Capital, was translated for us by Dr. Harriet E. Lothrop, of Boston, from the standard German edition prepared by Engels in 1891. This is the only complete English edition of it that has yet appeared, and its accuracy was doubly secured by a critical comparison of its every sentence with the German text, made at the request of the translator by Herman Simpson, of New York, who also added foot-. notes wherever comment seemed needful. In the performance of their respective task, both kept in mind the allimportant consideration, that in the works of Marx, as in all works, truly scientific, the exact expression is an essential factor and should not, therefore, be sacrificed to "literary style" in its transfer from one language to another. To those who are already acquainted with Marx's later essay on Value, Price, and Profit, this much earlier one on Wage-Labor and Capital will no doubt seem somewhat familiar. Still more familiar will both appear to the industrious reader of Capital. And for obvious reasons. 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.



Labour Rewarded


Labour Rewarded
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Author : William Thompson
language : en
Publisher: New York : A. M. Kelley
Release Date : 1969

Labour Rewarded written by William Thompson and has been published by New York : A. M. Kelley this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969 with Labor categories.




Wage Labour And Capital


Wage Labour And Capital
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Author : Karl Marx
language : en
Publisher: Wildside Press LLC
Release Date : 2008-04-01

Wage Labour And Capital written by Karl Marx and has been published by Wildside Press LLC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-01 with Political Science categories.


This volume contains an English translation of Karl Marx's influential essay.



Labor Capital And Growth


Labor Capital And Growth
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Author : Hans Brems
language : en
Publisher:
Release Date : 1973

Labor Capital And Growth written by Hans Brems and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Economic development categories.




Thoughts On Labor Capital Currency C


Thoughts On Labor Capital Currency C
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Author : Citizen of Maryland
language : en
Publisher:
Release Date : 1864

Thoughts On Labor Capital Currency C written by Citizen of Maryland and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1864 with Industrial relations categories.




Why Labor Is Not To Put To Work Like Capital


Why Labor Is Not To Put To Work Like Capital
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Author : Kathrin Tiecke
language : en
Publisher: GRIN Verlag
Release Date : 2010-12-20

Why Labor Is Not To Put To Work Like Capital written by Kathrin Tiecke and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-20 with Business & Economics categories.


Seminar paper from the year 2010 in the subject Business economics - General, grade: 1,3, Humboldt-University of Berlin (Wirtschaftstheorie II (Mikro)), course: Experimental Economics, language: English, abstract: At the end I want to refer again to Fehr and Gächter (2002). They have shown that framing has an effect on individual’s behavior. A bonus pay is experienced as more friendly than being threatend to pay a fine. As we face today a financial crisis, a discussion about incentive contracts has been started immediatly. It is claimed, that incentive contracts of bankers or so called “rist-takers” have been the driving force towards the crisis. The BaFin advices the financial branch to lower the share of incentive contracts among their employees. In order to cut the bonus payment a higher fixed-wage ought to be payed. Obviously bonus payments are ment to lead to higher levels of effort, but it might be a question of definition what effort means in the short and in the long run. Since fixed-wage labor contracts are characterized by weak performance incentives, one could concider incentive contracts as the best alternative, including explicit performance incentives. But this is rather a costly action. Taking the experimental findings of Fehr et al. (2002) into account one could claim that a fixed-wage contract does better on voluntary cooperation than incentive contracts, since the highest voluntary cooperation has been observed in the trust treatment. Recently several financial institutions lowered the bonus payments and therefore induced higher fixed wage-payments. I think, if a worker already receives a “high” wage in the sense of above average wage (depending on its definition), the bonus incentive might fails to lead in a higher intertemporal effort. It makes the worker act as a risk-neutral or even riskless worker. This may not lead to a profitable outcome in the long run and it might be more profitable to pay a higher fixed wage. Additionally one can let the employee pay a fine, hidden beyond an extra wage account e.g. “held for failures”, which would result in a lower effort level (at least as the theory predicts), but in tendencies one might observe more reasonable extend of taking risks. In the future, experimental economics may examine the impact of incentives on risk behavior. Do individuals become risk-neutral when they face different incentive contracts, although they were risk-averse before? This may be not quite easy to test in the laboratory, but serveys or field studies could provide answeres. Experiments may help to search for a “risk-aversion boarder”, and also help to understand why there is even more selfish behavior in excess stake.



The Meritocracy Trap


The Meritocracy Trap
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Author : Daniel Markovits
language : en
Publisher: Penguin
Release Date : 2019-09-10

The Meritocracy Trap written by Daniel Markovits and has been published by Penguin this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-10 with Social Science categories.


A revolutionary new argument from eminent Yale Law professor Daniel Markovits attacking the false promise of meritocracy It is an axiom of American life that advantage should be earned through ability and effort. Even as the country divides itself at every turn, the meritocratic ideal – that social and economic rewards should follow achievement rather than breeding – reigns supreme. Both Democrats and Republicans insistently repeat meritocratic notions. Meritocracy cuts to the heart of who we are. It sustains the American dream. But what if, both up and down the social ladder, meritocracy is a sham? Today, meritocracy has become exactly what it was conceived to resist: a mechanism for the concentration and dynastic transmission of wealth and privilege across generations. Upward mobility has become a fantasy, and the embattled middle classes are now more likely to sink into the working poor than to rise into the professional elite. At the same time, meritocracy now ensnares even those who manage to claw their way to the top, requiring rich adults to work with crushing intensity, exploiting their expensive educations in order to extract a return. All this is not the result of deviations or retreats from meritocracy but rather stems directly from meritocracy’s successes. This is the radical argument that Daniel Markovits prosecutes with rare force. Markovits is well placed to expose the sham of meritocracy. Having spent his life at elite universities, he knows from the inside the corrosive system we are trapped within. Markovits also knows that, if we understand that meritocratic inequality produces near-universal harm, we can cure it. When The Meritocracy Trap reveals the inner workings of the meritocratic machine, it also illuminates the first steps outward, towards a new world that might once again afford dignity and prosperity to the American people.



Capital And Labor Classic Reprint


Capital And Labor Classic Reprint
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Author : William Shuler Harris
language : en
Publisher: Forgotten Books
Release Date : 2018-01-13

Capital And Labor Classic Reprint written by William Shuler Harris and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-13 with Political Science categories.


Excerpt from Capital and Labor I. The greatest battle OF the aces - Strife Between Labor and Capital - Its Changing Phases from Ancient to Modern Times - Millions of Men Against Millions of Money - The Advance Skirmishes - Great Need of the Golden Rule. 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.



Labor And Capital


Labor And Capital
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Author : Edward Kellogg
language : en
Publisher: Forgotten Books
Release Date : 2015-06-16

Labor And Capital written by Edward Kellogg and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-16 with Business & Economics categories.


Excerpt from Labor and Capital: A New Monetary System; The Only Means of Securing the Respective Rights of Labor and Property, and of Protecting the Public From Financial Revulsions As an introduction to the fifth edition of my father's work, and in compliance with repeated requests, I shall offer a sketch - though it must be an imperfect one - of his life; chiefly for the sake of telling why and how this book was written. Edward Kellogg was born at Norwalk, Conn., on the 18th day of October, 1790. He was the son of a substantial farmer, enjoying the comforts of life; each child of the numerous family, however, was expected to do its part toward the common support; and he was early set at work, bringing the cows from the pasture, riding the horse while his older brother ploughed, and doing, when he was ten years old, half a man's work hoeing corn. The hired men who harvested for his father, observing the lad's deep set, deep blue eyes, said to each other in their homely phrase that he would make a smart man. Soon after he was of age, he began to buy goods in New York and sell them to country storekeepers in New Jersey, Pennsylvania, Maryland and Virginia, learning a great deal about men and things in the journeys he made for this purpose. In 1817 he married Esther F. Warner, daughter of Lyman Warner, of Northfield, in his native State. Two or three years later he was established in New York as a wholesale dry goods merchant; soon as senior partner of the firm of Kellogg & Baldwin, and later as chief of the firm of Edward Kellogg & Co. of Pearl street. When he was about thirty years old his mind was deeply wrought upon by questions of theology and morals, and reading the Bible only, he abandoned the so-called orthodox tenets; when matters of business were not immediately before him, he studied ardently in his own thoughts the relations of man to his Creator and to his fellow-man; on his way from one engagement to another, he usually pondered the meaning of some text of Scripture. 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.