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“Owen, of course, was overlooking the fact that his fellow manufacturers were more concerned with their machines than with their workers because the former represented a heavy capital investment whereas the oversupply of unskilled presented no replacement problem. Only when industry must spend money in training its personnel do they become economically as important as machines.” — J Bronowski
Owen, of course, was overlooking the fact that his fellow manufacturers were more concerned with their machines than with their workers because the former represented a heavy capital investment whereas the oversupply of unskilled presented no replacement problem. Only when industry must spend money in training its personnel do they become economically as important as machines.