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
It has already been spoken of above that the processes of industry
are bound in a comprehensive system of give and take, in such a
manner that no considerable fraction of this industrial system
functions independently of the rest. The industrial system at large
may be conceived as a comprehensive machine process, the several
sub-processes of which technologically inosculate and ramify
in what may be conceived as a network of elements working in a
moving equilibrium, none of which can go on at its full productive
efficiency except in duly balanced correlation with all the rest.
This characterisation will strictly apply only so far as the machine
technology has taken over the various branches of industry, but it
applies in a loose though by no means idle fashion also as regards
those elements of the industrial system in which the machine technology
has not yet become dominant. In so far as the industrial system is of
this character it will also hold that the business management of any
one branch or line or parcel of industries will have its effect on
the rest, primarily and proximately on those other branches or lines
with which the given parcel stands in immediate relations of give
and take, through the market or more directly through technological
correlation,--as, e. g., in the transportation system. Business
management which affects a large section of this balanced system will
necessarily have a wide-reaching effect on the working of the system
at large. Such business control of industry, as has just been remarked
above, is exercised with a view to pecuniary gain; but pecuniary gain
in these premises comes from changes, and apprehended changes, in the
efficiency of the various industrial processes that are touched by such
control, rather than from the workday functioning of the several items
of equipment involved. The changes which so bring gain to these larger
businessmen may be favourable to the effective working of industry,
but they may also be unfavourable; and the opportunities for gain
which they afford the larger businessmen may be equally profitable
whether the disturbance in question is favourable or unfavourable to
industrial efficiency. The gains to be derived from such disturbance
are proportioned to the magnitude of the disturbance rather than to its
industrial productiveness. It should follow, of course, that if the
machine technology should come so to dominate the industrial situation
as to bind all industry in a rigorously comprehensive balanced process,
the material fortunes of the community would come to rest unreservedly
and in all details in the hands of those larger businessmen who hold
the final pecuniary discretion.
Public-domain text, read in full here on John Shaqi.
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