Podcast
Questions and Answers
What happens to the conflict between distributive justice and the welfare of workingmen as the machines of an industrial economy become more efficient?
What happens to the conflict between distributive justice and the welfare of workingmen as the machines of an industrial economy become more efficient?
- The conflict remains the same
- The conflict increases (correct)
- The conflict decreases
- The conflict is eliminated
What will help us compare pre-industrial with industrial economies, and less advanced with more advanced industrial economies?
What will help us compare pre-industrial with industrial economies, and less advanced with more advanced industrial economies?
- Comparing the welfare of workingmen in industrial economies
- Comparing the conflict between distributive justice and the welfare of workingmen
- Comparing the productiveness of two slave economies (correct)
- Comparing the efficiency of machines in industrial economies
What is the main factor contributing to the greater productiveness of one economy over the other in the comparisons mentioned?
What is the main factor contributing to the greater productiveness of one economy over the other in the comparisons mentioned?
- Efficiency of machines
- Distributive justice
- Mechanical labor
- Other productive factors (correct)
Why might the principle of distributive justice work against the welfare of the great mass of men who work for a living in an industrial economy?
Why might the principle of distributive justice work against the welfare of the great mass of men who work for a living in an industrial economy?
What would happen to labor's standard of living if wages were set at a level which labor could justly claim as a return for its services, according to the text?
What would happen to labor's standard of living if wages were set at a level which labor could justly claim as a return for its services, according to the text?
In which type of economy would the conflict between the principle of distributive justice and the welfare of the great mass of men who work for a living not necessarily occur, according to the text?
In which type of economy would the conflict between the principle of distributive justice and the welfare of the great mass of men who work for a living not necessarily occur, according to the text?
