An Inquiry into the Nature of Peace and the Terms of Its PerpetuationVeblen, Thorstein
Philosophy
An Inquiry into the Nature of Peace and the Terms of Its Perpetuation
Veblen, Thorstein
Peace; World War, 1914-1918 -- Peace
Yet, the fact remains that there is only the one line of defense in
these countries where the business interests have not the countenance of
a time-honored order of gentlefolk, with the sanction of royalty in the
background. And this fact is further enhanced by one of its immediate
consequences. Proceeding upon the abounding faith which these peoples
have in business enterprise as a universal solvent, the unreserved
venality and greed of their businessmen--unhampered by the gentleman's
_noblesse oblige_--have pushed the conversion of public law to private
gain farther and more openly here than elsewhere. The outcome has been
divers measures in restraint of trade or in furtherance of profitable
abuses, of such a crass and flagrant character that if once the popular
apprehension is touched by matter-of-fact reflection on the actualities
of this businesslike policy the whole structure should reasonably be
expected to crumble. If the present conjuncture of circumstances should,
e.g., present to the American populace a choice between exclusion from
the neutral league, and a consequent probable and dubious war of
self-defense, on the one hand; as against entrance into the league, and
security at the cost of relinquishing their national tariff in restraint
of trade, on the other hand, it is always possible that the people might
be brought to look their protective tariff in the face and recognise it
for a commonplace conspiracy in restraint of trade, and so decide to
shuffle it out of the way as a good riddance. And the rest of the
Republic's businesslike policy of special favors would in such a case
stand a chance of going in the discard along with the protective tariff,
since the rest is of substantially the same disingenuous character.
Public-domain text, read in full here on John Shaqi.
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