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Barbara Weinstock Lectures on The Morals of Trade
IS CIVILIZATION A DISEASE? By STANTON COIT.
SOCIAL JUSTICE WITHOUT SOCIALISM. By JOHN BATES CLARK.
THE CONFLICT BETWEEN PRIVATE MONOPOLY AND GOOD CITIZENSHIP. By
JOHN GRAHAM BROOKS.
COMMERCIALISM AND JOURNALISM. By HAMILTON HOLT.
THE BUSINESS CAREER IN ITS PUBLIC RELATIONS. By ALBERT SHAW.
IS CIVILIZATION A DISEASE?
By
STANTON COIT
BOSTON AND NEW YORK
HOUGHTON MIFFLIN COMPANY
The Riverside Press Cambridge
1917
COPYRIGHT, 1917, BY THE REGENTS OF THE
UNIVERSITY OF CALIFORNIA
ALL RIGHTS RESERVED
_Published May 1917_
BARBARA WEINSTOCK
LECTURES ON THE MORALS OF TRADE
This series will contain essays by representative scholars and men of
affairs dealing with the various phases of the moral law in its bearing
on business life under the new economic order, first delivered at the
University of California on the Weinstock foundation.
IS CIVILIZATION A DISEASE?
I. TRADE TYPICAL OF CIVILIZATION
In choosing "The Morals of Trade" as the general title of the Weinstock
Lectureship, I am informed that its founder meant the word "Trade" to
be understood in its comprehensive sense, as commensurate with our
whole system of socialized wealth--at least, upon the present occasion
I shall interpret it in this broad way.
I shall furthermore ask you to consider our system of socialized
wealth--its practice and principles--in relation to the whole of that
vast artificial structure of human life which is labelled
"Civilization," and which began to prevail some ten thousand years ago.
Such a comprehensive sweep of vision is, in my judgment, necessary if
we are to view trade in true human perspective; nor can we estimate the
degree of praise or blame we ought to confer upon it until we have
determined the worth of civilization itself. For trade is not only
bound up inextricably with the whole of our social order, but, as it
seems to me, manifests in a most acute form the universal character of
civilization in general. We must therefore discover the structural
principle which began to co-ordinate the lives of any group of human
beings when their tribe finally passed out of barbarism. Having
discovered this, we shall be able to judge whether by its
ever-advancing application to the life of men, and its ever-increasing
domination over their wills, it has furthered the cause of ideal
humanity or not. If we find that it has been essentially humane, we
shall have arrived at the conclusion that its offspring, trade, is
moral. If, however, we unearth in the very principle of historic
civilization something radically wrong, anti-human and inhuman, and if
we can discover another co-ordinating principle which is humane and
feasible, civilization will then be seen to be a thing to be
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