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 economic life history of any community is its life history in so far
as it is shaped by men's interest in the material means of life. This
economic interest has counted for much in shaping the cultural growth of
all communities. Primarily and most obviously, it has guided the
formation, the cumulative growth, of that range of conventionalities and
methods of life that are currently recognized as economic institutions;
but the same interest has also pervaded the community's life and its
cultural growth at points where the resulting structural features are
not chiefly and most immediately of an economic bearing. The economic
interest goes with men through life, and it goes with the race
throughout its process of cultural development. It affects the cultural
structure at all points, so that all institutions may be said to be in
some measure economic institutions. This is necessarily the case, since
the base of action--the point of departure--at any step in the process
is the entire organic complex of habits of thought that have been shaped
by the past process. The economic interest does not act in isolation,
for it is but one of several vaguely isolable interests on which the
complex of teleological activity carried out by the individual proceeds.
The individual is but a single agent in each case; and he enters into
each successive action as a whole, although the specific end sought in a
given action may be sought avowedly on the basis of a particular
interest; as _e.g._, the economic, aesthetic, sexual, humanitarian,
devotional interests. Since each of these passably isolable interests is
a propensity of the organic agent man, with his complex of habits of
thought, the expression of each is affected by habits of life formed
under the guidance of all the rest. There is, therefore, no neatly
isolable range of cultural phenomena that can be rigorously set apart
under the head of economic institutions, although a category of
"economic institutions" may be of service as a convenient caption,
comprising those institutions in which the economic interest most
immediately and consistently finds expression, and which most
immediately and with the least limitation are of an economic bearing.
Public-domain text, read in full here on John Shaqi.
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