America and the New Epoch |
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accomplished administrative American Anglo-Saxon armies Austria Balkan became British Celt central century cial citizens civilization co-operation colonies commensal competition conquered consolidation constructive continue defeated demand democratic dustrial economic laws efficiency election eliminated employees England entirely epoch ernment established Europe European existence exploitation feudalism finally financial power fixed cost force foreign France French Revolution ganization Germany GERTRUDE ATHERTON governmental gradually immigration increasing independent individual individualistic indus industrial capitalism industrial corporation industrial development industrial nation industrial organization industrial production inefficiency interest invested labor labor unions leaders majority masses matter means ment monarchical municipal natural operation Panama Canal party ployees political government poration position possible problem progress race racial realize reorganization result revolution rise Roman Empire Roman Republic Russia Slav Social Democratic party socialistic society South standard of living successful temperament threatened tion to-day trial vote
Popular passages
Page 199 - Industry's answer cannot be a short-sighted one. It must be the constructive, long-view answer. Over twenty years ago, CP Steinmetz, the eminent electrical engineer, said in his book, America and the New Epoch: Unfortunately, there are still a few large and powerful corporations which more or less refuse to recognize their social responsibility to society, which insist that they are private property, responsible to nobody but their stockholders, and attempt in their actions toward the public to carry...
Page 155 - Financial manipulation for the mere acquisition of more money, without regard to constructive economical organization, will necessarily be impossible. There must be an active co-operation between all producers, from the unskilled laborer to the master mind which directs a huge industrial organization. Such active co-operation presupposes that everybody feels personally interested in the industrial economy. This presupposes that the fear of unemployment, of sickness, and old age has been relegated...
Page 226 - Such is fate, such is the law of evolution: there is no standstill; either you swim or sink; either we enter the coming co-operative era of the world's history and take our place as one of the leading industrial nations organized for the highest efficiency possible under co-operative industrial production, or...
Page 57 - This is far away, but it is no Idle dream, for we only need to look across the water, toward war-torn Europe, and we can see conditions which, with the waste of war removed, would not be far different from the above. While the entire world 1s called upon to feed and supply the Allies during this war, the blockaded Central Powers feed and supply themselves and get along fairly successfully, as far as we can see, and what little trouble there is due to imperfections of the new organization rather....
Page 175 - HE industrial corporation of to-day is orJL ganized for effective constructive work; it has developed the characteristics necessary for economic efficiency — continuity of organization and at the same time flexibility to adapt itself in a high degree to the requirements of industrial production, and to the personality of its members; it has within itself the responsibility of the individual toward the whole, and encourages initiative and individualistic development as important factors of industrial...