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
In a very appreciable degree this complexion of things and of popular
conceptions has changed since then; although, as would be expected, the
change in popular conceptions has not kept pace with the changing
circumstances. In all the characteristic and controlling lines of
industry the modern machine technology calls for a very considerable
material equipment; so large an equipment, indeed, that this plant, as
it is called, always represents a formidable amount of invested wealth;
and also so large that it will, typically, employ a considerable number
of workmen per unit of plant. On the transition to the machine
technology the plant became the unit of operation, instead of the
workman, as had previously been the case; and with the further
development of this modern technology, during the past hundred and fifty
years or so, the unit of operation and control has increasingly come to
be not the individual or isolated plant but rather an articulated group
of such plants working together as a balanced system and keeping pace in
common, under a collective business management; and coincidently the
individual workman has been falling into the position of an auxiliary
factor, nearly into that of an article of supply, to be charged up as an
item of operating expenses. Under this later and current system,
discretion and initiative vest not in the workman but in the owners of
the plant, if anywhere. So that at this point the right of ownership has
ceased to be, in fact, a guarantee of personal liberty to the common
man, and has come to be, or is coming to be, a guarantee of dependence.
All of which engenders a feeling of unrest and insecurity, such as to
instill a doubt in the mind of the common man as to the continued
expediency of this arrangement and of the prescriptive rights of
property on which the arrangement rests.
Public-domain text, read in full here on John Shaqi.
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