Abstract
IN the present industrial depression there are many who regard rationalisation as on trial, and question the value of large industrial combinations. It is suggested that such combinations are themselves partly responsible for the increase in the volume of unemployment, and that they tend to ignore the human factor. While, however, it is freely admitted that rationalisation may and often does involve a -temporary displacement of workers, the expansion in new directions which takes place as a direct result of more efficient management soon tends to absorb more than the number of workers displaced.
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Science and the Human Factor. Nature 127, 805–807 (1931). https://doi.org/10.1038/127805a0
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DOI: https://doi.org/10.1038/127805a0