ABSTRACT

This chapter discusses the "Co-Partnership and Efficiency", with a great accent on the word "Efficiency". It is like the great principle of life, which is ever operating to maintain healthy development; and if Co-Partnership does not improve the conditions under which we are living, it will not appeal to US as other than a modern craze which will have its day and die out. By Co-Partnership, we recognize the great fact that the Co-Partnership system is founded on justice and on equal rights, for each of us, to the products of our labour. Such is the very basis of Co-Partnership, as distinguished from the wages system alone, and it is bound to stimulate efficiency and economy of products, for only by so doing can it increase our well-being and prosperity. Co-Partnership can only be a means of better, fairer, and more just relationship of so-called employer and employee, resulting in better productive activities.