The Settlement of Wage Disputes
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"The Settlement of Wage Disputes" by Herbert Feis is an analytical publication written in the early 20th century. This work delves into the complex dynamics of wage conflicts in the United States, primarily focusing on the underlying economic forces that dictate wage levels and the various principles that could guide future wage settlements. At the start of the book, Feis introduces the recurring struggles between employers and wage earners, emphasizing that these conflicts extend beyond mere wage disputes to include broader issues within the industrial framework. He outlines the need for a coherent and principled approach to wage settlement, drawing upon past experiences and methodologies from various industrial contexts. The opening portion establishes a background of the industrial landscape and sets the stage for Feis's exploration of theoretical frameworks needed to develop consistent policies for resolving wage disputes in a way that promotes industrial peace.
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