Adam Shields

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Further examples of inadequate definition are those supplied by Jean Fourastié and others who pursue the same line of research as he. For Fourastié, technical progress is “the growth of the volume of production obtained through a fixed quantity of raw material or human labor”—that is, technique is uniquely that which promotes this increase in yield. He then goes on to say that it is possible to analyze this theorem under three aspects. In yield in kind, technique is that which enables raw materials to be managed in order to obtain some predetermined product; in financial yield, technique is ...more
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The Technological Society
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