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
[150] All this, of course, neither ignores nor denies the substantial
part which the _jus gentium_ and the _jus naturale_ of the Roman
jurists and their commentators have played in the formulation of the
system of Natural Rights. In point of pedigree the line of derivation
of these legal principles is doubtless substantially as set forth
authentically by the jurists who have spent their competent endeavors
on that matter. So far as regards the English-speaking communities this
pedigree runs back to Locke, and through Locke to the line of jurists
and philosophers on whom that great scholar has drawn; while for the
promulgation of the like system of principles more at large the names
of Grotius, Pufendorf, Althusius doubtless have all the significance
commonly assigned them. See pp. 290–293 above.
[151] Unless the “Syndicalist” movement is to be taken as something
sufficiently definite in its principles to make it an exception to the
rule.
[152] Cf., e. g., Anna Youngman, _The Economic Causes of Great
Fortunes_, especially ch. vi; R. Ehrenburg, _Grosse Vermögen_; Ida
Tarbell, _History of the Standard Oil Company_.
[153] Cf. a paper “On the Nature of Capital” in the _Quarterly Journal
of Economics_, November, 1908.
[154] As late as Adam Smith’s time “manufacturer” still retained its
etymological value and designated the workman who made the goods. But
from about that time, that is to say since the machine process and the
business control of industry have thoroughly taken effect, the term no
longer has a technological connotation but has taken on a pecuniary
(business) signification wholly; so that the term now designates
a businessman who stands in none but a pecuniary relation to the
processes of industry.
The following pages contain advertisements of books by the same author
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By the Same Author
_The Theory of the Leisure Class_
An Economic Study of Institutions
_Cloth, 12mo, $2.00 net_
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EXTRACT FROM PREFACE
It is the purpose of this inquiry to discuss the place and value of
the leisure class as an economic factor in modern life, but it has
been found impracticable to confine the discussion strictly within the
limits so marked out. Some attention is perforce given to the origin
and the line of derivation of the institution, as well as to features
of social life that are not commonly classed as economic.
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