The Engineers and the Price System
The Engineers and the Price System by Thorstein Veblen, published by Cosimo, Inc. in September 2006, is a 124-page exploration of economic dynamics in the early 20th century. In this work, Veblen examines the evolving roles of engineers and entrepreneurs within the industrial landscape, highlighting the emerging influence of technological craftsmen and the potential for organized labor to drive significant change in America.
Readers will find a detailed analysis of the tensions between different economic actors, as well as insights into the implications of technological advancements on industry. Veblen discusses the shifting power dynamics and the potential for labor movements to instigate revolutionary changes. This edition presents Veblen’s thoughts on business and economics, making it relevant for those interested in economic history and the development of industries.
Official synopsis Publisher
One of the great thinkers of the early 20th century, American economist and sociologist THORSTEIN BUNDE VEBLEN (1857-1929) is best remembered for coining the phrase “conspicuous consumption.” But he also, in this 1921 volume, foresaw the rise of the scientist and the technologist as an economic power. Here, he explains… . the conflict between the entrepreneur and the engineer . the new power of the technological craftsman in the industrial scheme . why any “revolution” in America would come from organized labor . and more. ALSO FROM COSIMO: Veblen’s The Vested Interests and the Common Man, The Theory of Business Enterprise, Imperial Germany and the Industrial Revolution, An Inquiry into the Nature of Peace and the Terms of Its Perpetuation, and The Instinct of Workmanship and the State of the Industrial Arts
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