of the difficulties, rebuffs, and lifelong disappointments which
inventors had to contend with before they could get their discoveries
introduced, and the frauds by which in most cases they were swindled out
of the profits of them by the capitalists through whom their introduction
was obtained. These stories seem, indeed, well-nigh incredible nowadays,
when the nation is alert and eager to foster and encourage every stirring
of the inventive spirit, and every one with any sort of new idea can
command the offices of the administration without cost to safeguard his
claim to priority and to furnish him all possible facilities of
information, material, and appliances to perfect his conception."
"Considering," said the teacher, "that these facts as to the resistance
offered by vested interests to the march of improvement must have been
even more obvious to our ancestors than to us, how do you account for the
belief they seem to have sincerely held that private capitalism as a
system was favorable to invention?"
"Doubtless," replied the girl, "it was because they saw that whenever an
invention was introduced it was under the patronage of capitalists. This
was, of course, necessarily so because all economic initiative was
confined to the capitalists. Our forefathers, observing that inventions
when introduced at all were introduced through the machinery of private
capitalism, overlooked the fact that usually it was only after exhausting
its power as an obstruction to invention that capital lent itself to its
advancement. They were in this respect like children who, seeing the
water pouring over the edge of a dam and coming over nowhere else, should
conclude that the dam was an agency for aiding the flow of the river
instead of being an obstruction which let it over only when it could be
kept back no longer."
* * * * *
"Our lesson," said the teacher, "relates in strictness only to the
economic results of the old order, but at times the theme suggests
aspects of former social conditions too important to pass without
mention. We have seen how obstructive was the system of vested interests
which underlaid private capitalism to the introduction of improvements
and inventions in the economic field. But there was another field in
which the same influence was exerted with effects really far more
important and disastrous.--Tell us, Florence, something of the manner in
which the vested interest system tended to resist the advance of new
ideas in the field of thought, of morals, science, and religion."
Public-domain text, read in full here on John Shaqi.
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