That the master manufacturer, by dividing the work to be executed into different processes, each requiring different degrees of skill or of force, can purchase exactly that precise quantity of both which is necessary for each process... On the Economy of Machinery and Manufactures - Page 135by Charles Babbage - 1832 - 320 pagesFull view - About this book
| Karl Marx - Capital - 1906 - 880 pages
...in manufactories, but learned men, handicraftsmen, ftnd even peasants (Brindley), who play a part. 1 "The master manufacturer, by dividing the work to...processes, each requiring different degrees of skill or of force, can purchase exactly that precise quantity of both which is necessary for each process;... | |
| Alfred Marshall - Business - 1919 - 936 pages
...British ; because it is based on Babbage's famous observation (AD 1832) that in a large factory " the manufacturer by dividing the work to be executed into...can purchase exactly that precise quantity of both that is necessary for each process." But it has been carried out so thoroughly' in the war-munitions... | |
| William James Ashley - Industrial efficiency - 1922 - 36 pages
...cheapness of manufactured articles, had been 'altogether unnoticed'. That cause, in his opinion, is that ' the master manufacturer, by dividing the work...processes, each requiring different degrees of skill or of force, can purchase exactly that precise quantity of both which is necessary for each process... | |
| Karl Marx - Capital - 1906 - 872 pages
...manufactories, but learned men, handicraftsmen, and even peasants (Brindley), who play a part. 1"The master manufacturer, by dividing the work to be executed...processes, each requiring different degrees of skill or of force, can purchase exactly tkat precise quantity of both which is necessary for• each process;... | |
| Anthony Giddens, David Held - Social Science - 1982 - 664 pages
...different circumstances" of the division of labor which add to the productivity of labor, and continues: Now, although all these are important causes, and...processes, each requiring different degrees of skill or of force, can purchase exactly that precise quantity of both which is necessary for each process;... | |
| Maxine Berg - Business & Economics - 1982 - 396 pages
...division of labour analysed by Smith, but added to this what became known as the 'Babbage principle'. That the master manufacturer by dividing the work...processes, each requiring different degrees of skill or of force, can purchase exactly that precise quantity of both which is necessary for each process;... | |
| Anthony Hyman - Biography & Autobiography - 1985 - 348 pages
...advantages which others had seen as arising from the division of labour, Babbage advanced a new principle : 'That the master manufacturer, by dividing the work...processes, each requiring different degrees of skill or of force, can purchase exactly that precise quantity of both which is necessary for each process... | |
| Charles Babbage - Mathematics - 1989 - 386 pages
...lastly, to the invention of a great number of machines which facilitate and abridge labour, and enable one man to do the work of many. Now, although all...processes, each requiring different degrees of skill or of force, can purchase exactly that precise quantity of both which is necessary for each process;... | |
| Richard Langlois - Business & Economics - 1986 - 292 pages
...functional differentiation brings comparative advantage into play also inside the individual firm:16 That the master manufacturer, by dividing the work...processes, each requiring different degrees of skill or force, can purchase exactly that precise quantity of both which is necessary for each process; whereas,... | |
| Klaus Weiermair, Mark Perlman - Business & Economics - 1990 - 418 pages
...these cases is the entrepreneur as the visible hand implementing the Babbage strategy (1963, 175-76) of dividing the work to be executed into different processes, each requiring different degrees of skill or force. To the extent that this strategy reduces labor costs, there is a rent to be earned by an... | |
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