Modern Industrialism: An Outline of the Industrial Organization as Seen in the History, Industry, and Problems of England, the United States, and Germany

By Frank L. McVey | Go to book overview

CHAPTER IV
FORMS OF INDUSTRIAL ORGANIZATION

OUTSIDE the contribution of nature to man's welfare in an industrial society capital and labor are the most important factors in the creation of products. Consequently the forms which the two factors take on in their organization have a vital influence upon the industrial activities of the community. The two differ materially, however, in the type of organization which they assume. Capital passes gradually from the partnership through the joint-stock company and corporation to the giant combination. Its organization form is entirely industrial in character and results. On the other hand the organization of labor outside of all consideration of the division of labor, functions which already have been discussed in a previous chapter, is social in character, touching more or less directly through the adjustment of wages the regulation of the conditions of employment and the production of commodities. The form of organization which labor takes on appears in the local trade union, the national union, and the Federation of Labor unions, and sometimes in an effort to eliminate the evils of capitalistic control of industries in cooperation.

The two groups of industrial organization are constantly meeting in the every-day conduct of production. The owners of capital, whether they have organized as a partnership or a corporation, are the directors of industry controlling the purchase of materials, the use of machinery,

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Modern Industrialism: An Outline of the Industrial Organization as Seen in the History, Industry, and Problems of England, the United States, and Germany
Table of contents

Table of contents

  • A Practical Book by a Practical Man *
  • Title Page iii
  • Preface vii
  • Contents ix
  • List of Illustrations xv
  • Part I- History 1
  • Chapter I- A Survey 3
  • Chapter II- Industrial Changes in England since 1760 20
  • Chapter III- Industrial Evolution of America 42
  • Chapter IV- The Rise of Germany 68
  • Part II- Industry 87
  • Chapter I- Extractive Industries 89
  • Chapter II- Transportation 115
  • Chapter III- Manufacture 133
  • Chapter IV- Forms of Industrial Organization 157
  • Chapter V- Commercial Institutions 176
  • Part III- Administration 195
  • Chapter I- Fundamental Questions 197
  • Chapter II- Interference 216
  • Chapter III- Regulation 235
  • Chapter IV- Government Ownership 256
  • Chapter V- Conclusion 273
  • Index 293
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