The instinct of workmanship, and the state of industrial artsVeblen, Thorstein
Philosophy
The instinct of workmanship, and the state of industrial arts
Veblen, Thorstein
Industrial arts -- History; Industries -- History; Technology -- History; Workmanship -- History
This technological infirmity of the businessmen assuredly does not
arise from a lack of interest in industry, since it is only out of
the net product of industry that the business community’s gains are
drawn--except so far as they are substantially gains of accountancy
merely, due to an inflation of values. Perhaps no class of men have
ever been more keenly alert in their interest in industrial matters
than the modern businessmen; and this interest extends not only to
the industrial ventures in which they may for the time be pecuniarily
“interested,” but also and necessarily to other lines of industry
that are more or less closely correlated with the one in which the
given businessman’s fortunes are embarked; for under modern market
conditions any given line of industrial enterprise is bound in endless
relations of give and take with all the rest. But this unremitting
attention of businessmen to the affairs of industry is a business
attention, and, so far as may be, it touches nothing but the pecuniary
phenomena connected with the ownership of industry; so that it comes
rather to a training in the art of keeping in touch with the pecuniary
run of business affairs while avoiding all undue intimacy with the
technological facts of industry,--undue in the sense of being in excess
of what may serve the needs of a comprehensive short-term outlook over
market relations, and which would therefore divert attention from this
main interest and befog the pecuniary logic by which businessmen are
governed.
Probably, also, no class of men have ever bent more unremittingly to
their work than the modern business community. Within the business
community there is properly speaking no leisure class, or at least
no idle class. In this respect there is a notable contrast between
the business community and the landed interest. What there is to be
found in this modern culture in the way of an idle class, considered
as an institution, runs back for its origins and its specific
traits to a more archaic cultural scheme; it is a survival from an
earlier (predatory) phase of the pecuniary culture. In the nature
of things an idle life of fashion is an affair of the nobility
(gentry), of predatory antecedents and, under current conditions, of
predatory-parasitic habits; and as regards those modern rich men who
withdraw from the business community and fall into a state of _otium
cum dignitate_, it is commonly their fortune to be assimilated by a
more or less ceremonial induction into the body of this quasi-predatory
gentry or nobility and so assume an imitative colouring of archaism.
Public-domain text, read in full here on John Shaqi.
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