Download book Gas Age Volume 47
Download book Gas Age Volume 47

Gas Age Volume 47 by Books Group

Gas Age Volume 47
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Author: Books Group
Page Count: 580 pages
Published Date: 01 May 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
Format: Pdf
ISBN: 9781231420805
Download Link: Gas Age Volume 47
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 Excerpt: ...whole nation if they are of the right character. There is no limit to the increase of living standards except the limitations of human strain, scientific discovery, mechancal invention and natural resources. It is true enough that any particular commodity or service can be over-produced, for each will reach a saturation point in demand when all members of the community have been supplied. The absorption of increased productivity lies in the conversion of luxuries of today into necessities of tomorrow, and to spread these through the whole population by stimulation of habit and education. Wheat bread, railways, good roads, electricity, telephones, telegraphs, automobiles and movies were once luxuries. They are still luxuries to some parts of the population. It is but a corollary that certain commodities are better adapted to exchange for those commodities from outside our boundaries which are more appropriate to our needs. Today we have capacity for production of some commodities, not only in excess of our home need, but even beyond export demand under present financial conditions. We must either re-organize our financial relations or abandon some part of this kind to production and turn our idle men to making things of which we are not yet fully supplied. There is no limit to consumption except the total capacity to produce, provided the surplus of productive power is constantly shifted to other articles than those that have reached the saturation point of demand. The productive capacity wasted today would improve the housing conditions of all our people up to the level which perhaps only fifty per cent of them enjoy--and at the same time not encroach upon our established necessities. I am not suggesting that the forces of production can be shifted by imper...

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