
The engineers and the price system
Thorstein Veblen
Edeby Mobil
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Thorstein Veblen's "The Engineers and the Price System" critiques the economic system of his time, arguing that it is inefficient and serves the interests of absentee owners rather than the productive capacity of engineers and workers. He proposes a shift towards a system managed by technically competent individuals, suggesting this would lead to greater efficiency and productivity.
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