These pecuniary employments, tending to conserve the predatory
temperament, are the employments which have to do with ownership--the
immediate function of the leisure class proper--and the subsidiary
functions concerned with acquisition and accumulation. These cover the
class of persons and that range of duties in the economic process which
have to do with the ownership of enterprises engaged in competitive
industry; especially those fundamental lines of economic management
which are classed as financiering operations. To these may be added
the greater part of mercantile occupations. In their best and clearest
development these duties make up the economic office of the "captain
of industry." The captain of industry is an astute man rather than
an ingenious one, and his captaincy is a pecuniary rather than an
industrial captaincy. Such administration of industry as he exercises
is commonly of a permissive kind. The mechanically effective details of
production and of industrial organization are delegated to subordinates
of a less "practical" turn of mind--men who are possessed of a gift for
workmanship rather than administrative ability. So far as regards their
tendency in shaping human nature by education and selection, the common
run of non-economic employments are to be classed with the pecuniary
employments. Such are politics and ecclesiastical and military
employments.
The pecuniary employments have also the sanction of reputability in
a much higher degree than the industrial employments. In this way the
leisure-class standards of good repute come in to sustain the
prestige of those aptitudes that serve the invidious purpose; and the
leisure-class scheme of decorous living, therefore, also furthers the
survival and culture of the predatory traits. Employments fall into
a hierarchical gradation of reputability. Those which have to do
immediately with ownership on a large scale are the most reputable of
economic employments proper. Next to these in good repute come
those employments that are immediately subservient to ownership and
financiering--such as banking and the law. Banking employments also
carry a suggestion of large ownership, and this fact is doubtless
accountable for a share of the prestige that attaches to the business.
The profession of the law does not imply large ownership; but since no
taint of usefulness, for other than the competitive purpose, attaches
to the lawyer's trade, it grades high in the conventional scheme. The
lawyer is exclusively occupied with the details of predatory fraud,
either in achieving or in checkmating chicanery, and success in the
profession is therefore accepted as marking a large endowment of that
barbarian astuteness which has always commanded men's respect and fear.
Mercantile pursuits are only half-way reputable, unless they involve a
large element of ownership and a small element of usefulness. They grade
high or low somewhat in proportion as they serve the higher or the lower
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account