Social Studies
Social Studies, 18.11.2020 18:50, jaeheon287

"You evidently have observed the growth of corporate wealth and influence. You recognize that wealth, in order to become more highly productive, is concentrated into fewer hands, and controlled by representatives and directors, and yet
your sing the old siren song that the workingman should depend entirely upon his own 'individual effort'.
"The school of laissez-faire, of which you seem to be a pronounced advocate, has produced great men in advocating the
theory of each for himself and his Satanic majesty taking the hidermost. But the most pronounced advocates of your school of
thought in economics have, when practically put it to the test, been compelled to admit that combination and organizations of
the toiling masses are essential both to prevent the deterioration and to secure the improvement in the condition of wage
earners."
Samuel Gompers, Letter to Judge Peter Grosscup, "Labor in Industrial Society", 1894
According to the author, what has contributed to the need for wage earners to organize?
Vertical Integration
Capitalism
Communism
Mechanization

answer
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"You evidently have observed the growth of corporate wealth and influence. You recognize that wealth...

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