ARTIFICIAL ECONOMIES
" The economic life of a great modern nation cannot be dealt with in artificial allotments. It is one problem, to which private enterprise and public administration must each make their contribution. For what 3s needed new relationships, new initiatives, new knowledge, Rationalisation," says Mr L. Urwick, late director of the International Institute of Geneva, in the "Cost Accountant." "It is logical that it should be so. Machines postulate division of labour; division of labour postulates organised co-operation in the winning of knowledge and in its application. But you cannct organise co-operation. you cannot win new knowledge, on a basis of conflicting political and economic theories. You can only organise co-operation on an agreement as to objectives and methods. We must eliminate politics from economic life if we are to arrange it effectively."
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Bibliographic details
Waipa Post, Volume 49, Issue 3525, 29 September 1934, Page 9
Word Count
134ARTIFICIAL ECONOMIES Waipa Post, Volume 49, Issue 3525, 29 September 1934, Page 9
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