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The Danger of Drifting.
- Source :
- Harvard Business Review; Jan1950, Vol. 28 Issue 1, p25-32, 8p
- Publication Year :
- 1950
-
Abstract
- The article reports on the public's desire for economic security and a trend toward the welfare state and labor unions, which support state-guaranteed plans for security in the United States. Industrialization improved workers' quality of life, but automation diminished their sense of achievement in the work place. Business is concerned that a welfare state will lead to economic stagnation and reduced industrial productivity. A solution is government programs encouraging individual responsibility for self-sufficiency--not dependence on the state. Topics include the distinction between welfare society and welfare state, profit and loss economy, appropriate mix of "freedom from" and "freedom to" in a social movement, and management incentives to promote private initiative.
Details
- Language :
- English
- ISSN :
- 00178012
- Volume :
- 28
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Harvard Business Review
- Publication Type :
- Periodical
- Accession number :
- 6775339