Shigeto Tsuru (eds.)'s Human Resources, Employment and Development: Volume 1: The PDF

By Shigeto Tsuru (eds.)

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Extra info for Human Resources, Employment and Development: Volume 1: The Issues

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That portion of the benefits of growing productivity which is not transferred to the labour force is the surplus which is appropriated mainly by the upper-income brackets where the greater part of capital in physical goods and land-ownership is concentrated. There is no tendency for the surplus to disappear in competition between companies - even if this were free of restrictions - nor in a drop in price. The surplus is, rather, retained by the companies as a result of the monetary expansion accompanying the productive process, as will be seen below.

The second great crisis is that in the throes of which capitalism today finds itself. During the centres' long years of euphoria preceding the crisis, the periphery began to boost industrialisation towards the exterior. This became increasingly necessary as the policy of substitution came closer to exhaustion. The export of industrial goods was boosted, especially in those countries in which industrialisation had made the greatest strides in the preceding phase, during which it had been directed inwards.

This is a matter of the utmost seriousness, and it is a pity that it does not figure explicitly on the agenda of the congress; yet it can be discerned in the programme of several special sessions and it is to be hoped that it will be discussed fully. 4 HOW TO ACHIEVE THE OBJECTIVES PEOPLE DESIRE This is the problem of motivation, to which Pajestka devotes much space. It is also the problem of choice of an economic system. In this connection I should like to place the most vigorous stress on the variety of possible types of development, and on the advantage of preserving that variety in the interests of mankind as a whole.

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