"Costs of manufactured articles importantly depend on the cost of raw materials as well as labour"
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Wilson’s line has the spare, no-nonsense rhythm of a man used to turning messy realities into manageable inputs. On the surface, it’s an accounting truism: goods cost money because stuff and wages cost money. The sharper intent is to narrow the debate. By naming raw materials and labor as the key drivers, he corrals the reader into a factory-floor worldview where prices are not moral questions or political battlegrounds, but consequences of supply chains and payrolls. It’s a subtle act of framing: if costs rise, don’t look first to management choices, market power, or profiteering; look to ore, rubber, steel, and the hourly rate.
The subtext is managerial authority. Wilson, as a mid-century American industrial leader, is speaking from the era when manufacturing was the national engine and executives positioned themselves as stewards of efficiency. In that context, this sentence reads like a preemptive defense against simplistic blame: you can’t demand lower prices, higher wages, and stable profits without confronting what inputs are doing. It’s economics as a pressure valve.
Yet the line’s elegance also hides what it excludes. “Importantly depend” is doing political work, inviting agreement while leaving room to downplay overhead, marketing, financing, monopoly pricing, and strategic scarcity. It’s a statement that sounds neutral but carries a worldview: the factory is a system, and the people running it are the ones who understand its constraints. In an age of strikes, inflation fears, and global commodity shocks, that stance isn’t just descriptive; it’s a bid to control the narrative of responsibility.
The subtext is managerial authority. Wilson, as a mid-century American industrial leader, is speaking from the era when manufacturing was the national engine and executives positioned themselves as stewards of efficiency. In that context, this sentence reads like a preemptive defense against simplistic blame: you can’t demand lower prices, higher wages, and stable profits without confronting what inputs are doing. It’s economics as a pressure valve.
Yet the line’s elegance also hides what it excludes. “Importantly depend” is doing political work, inviting agreement while leaving room to downplay overhead, marketing, financing, monopoly pricing, and strategic scarcity. It’s a statement that sounds neutral but carries a worldview: the factory is a system, and the people running it are the ones who understand its constraints. In an age of strikes, inflation fears, and global commodity shocks, that stance isn’t just descriptive; it’s a bid to control the narrative of responsibility.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
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