State Regulation of Wages (Classic Reprint) - Softcover

Inhaltsangabe

Transforming wages into a fairer system through state action and a new Labor Board can change the lives of workers and the health of the economy. This edition presents a historical argument for reforming the wage system and giving the state a say in how wages and hours are set. It explains why capital and labor are unequal in today’s market and how a planned board could promote justice, reduce hardship, and stabilize business.

Two core themes run through the text: the drive for fair rewards in an age of machinery and rising productivity, and the practical steps a state could take to reform labor relations. It argues that without reform, workers face growing imbalance between effort and pay, while unchecked competition leaves many unemployed or underpaid. The book also discusses how shorter workdays and regulated hours could create new opportunities for work without harming overall production, and how higher wages could boost demand and drive economic growth. Throughout, it links morality, social order, and national prosperity to a more equitable handling of labor’s value.

- Learn why the author argues for a Labor Board to regulate wages and hours.
- See the proposed logic for higher wages, shorter hours, and expanded employment through government action.
- Discover how technology and productivity are portrayed as tools that can help workers when wages keep pace with output.
- Explore connections between labor justice, social stability, and democratic ideals.

Ideal for readers exploring the history of labor reforms, economic policy, and the role of government in shaping work and wages.

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