Chapter Xii--the Regulation of Wage Levels

(Continued)--Wages And Profits 239

§ 1. The profits return in industry, under any policy of wage settlement, will be closely scrutinized.

§ 2. The possibility of measuring a "fair" profits return for all industry discussed. A method suggested.

§ 3. Would the principles of wage settlement worked out so far, produce a fair profits return? An open question.

§ 4. The scope and form of any measure designed to assure the desired distributive outcome can be discerned.

§ 5. The various steps in the formulation of such a measure reviewed. A measure tentatively suggested.

§ 6. The difficulties of calculating wage changes called for under the suggested measure.

§ 7. The chief practical weaknesses of the suggested measure examined.

§ 8. It would be open to theoretical criticism also. The alternatives even less satisfactory.