The Place of Science in Modern Civilisation, and Other EssaysVeblen, Thorstein
Philosophy
The Place of Science in Modern Civilisation, and Other Essays
Veblen, Thorstein
Economics; Science
The remark was made in an earlier paragraph that Mr. Clark's theories
have substantially no relation to his practical proposals. This broad
declaration requires an equally broad qualification. While the positions
reached in his theoretical development count for nothing in making or
fortifying the positions taken on "problems of modern industry and
public policy," the two phases of the discussion--the theoretical and
the pragmatic--are the outgrowth of the same range of preconceptions and
run back to the same metaphysical ground. The present canvass of items
in the doctrinal system has already far overpassed reasonable limits,
and it is out of the question here to pursue the exfoliation of ideas
through Mr. Clark's discussion of public questions, even in the
fragmentary fashion in which scattered items of the theoretical portion
of his treatise have been passed in review. But a broad and rudely drawn
characterisation may yet be permissible. This latter portion of the
volume has the general complexion of a Bill of Rights. This is said, of
course, with no intention of imputing a fault. It implies that the scope
and method of the discussion is governed by the preconception that there
is one right and beautiful definitive scheme of economic life, "to which
the whole creation tends." Whenever and in so far as current phenomena
depart or diverge from this definitive "natural" scheme or from the
straight and narrow path that leads to its consummation, there is a
grievance to be remedied by putting the wheels back into the rut. The
future, such as it ought to be,--the only normally possible, natural
future scheme of life,--is known by the light of this preconception; and
men have an indefeasible right to the installation and maintenance of
those specific economic relations, expedients, institutions, which this
"natural" scheme comprises, and to no others. The consummation is
presumed to dominate the course of things which is presumed to lead up
to the consummation. The measures of redress whereby the economic Order
of Nature is to renew its youth are simple, direct, and short-sighted,
as becomes the proposals of pre-Darwinian hedonism, which is not
troubled about the exuberant uncertainties of cumulative change. No
doubt presents itself but that the community's code of right and equity
in economic matters will remain unchanged under changing conditions of
economic life.
FOOTNOTES:
[1] Reprinted by permission from _The Quarterly Journal of Economics_,
Vol. XXII, Feb., 1908.
[2] _The Essentials of Economic Theory, as Applied to Modern Problems of
Industry and Public Policy._ By John Bates Clark. New York: The
Macmillan Company. 1907.
[3] _Cf._, _e.g. The Distribution of Wealth_, p. 376, note.
[4] See, _e.g._, J. S. Mill, _Political Economy_, Book I; Marshall,
_Principles of Economics_, Vol. I, Books II-V.
[5] _Cf._, _e.g._, such an account as Barrows, _Ethno-botany of the
Coahuilla Indians_.
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