THE COLLECTED WORKS OF THORSTEIN VEBLEN: Business Theories, Economic Articles & Essays. Thorstein Veblen

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THE COLLECTED WORKS OF THORSTEIN VEBLEN: Business Theories, Economic Articles & Essays - Thorstein Veblen

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less conventional point of view. In this composite cultural growth the matter-of-fact habit of mind has on the whole been gaining at the expense of the conventional, and the conventional premises that have been retained have also come to bear more of a matter-of-fact character, - as, e.g., in the supersession of feudalistic or theocratic principles of law by natural rights. So that the position for which the effective body of conservatives now stand is not in substance a very archaic one. It is a more matter-of-fact position, less closely bound by authentic conventions, than the position effectively occupied by the iconoclastic wing a hundred years ago.

      Throughout the mod ern cultural complex there is a somewhat variable, scattering shifting of ground to a more matter-of-fact basis. The direction of spiritual growth or change is much the same throughout the general body of the population; but the rate of change, the rate at which matter-of-fact ideals are superseding ideals of conventional authenticity, is not the same for all classes. Hence the class discrepancy here spoken of. The coefficient of change is so much larger in the vulgar, industrial classes as progressively to widen the cultural interval between them and the conservatives in the respect which is here in question. And the resulting discrepancy of institutional aims and ideals may have none the less serious consequences for being due to a differential rate of movement rather than to a divergent cultural trend.

      In this differential rate of movement the departure from the ancient landmarks has now gone so far (or is reaching such a point) among the socialistic vulgar as to place their th inking substantially on a plane of material matter of fact, particularly as regards economic institutions. Whereas in the conservative classes the change is not yet large enough to take them off the plane of received conventional truth, particularly as regards economic institutions and such social questions as are of an economic complexion. In the case of the former this change in habit of mind has been so considerable as, in effect, to constitute a change in kind; crude matter of fact has come to be the dominant note of their attitude, and conventional authenticity has been relegated to a subsidiary place; that is to say, the change is of a revolutionary character. In the case of the conservative classes, so far as touches the institutional notions here under inquiry, the corresponding change has not yet gone so far as to amount to a change in kind; it is not of a revolutionary nature. The views current among the respectable classes on these matters still, in effect, run on the ancient levels on which were built up the pecuniary institutions about which the controversy circles. For the present there need be no apprehension that the more respectable classes will reach a mature revolutionary frame of mind. The discipline of their daily life does not, on the whole, favor such a result.

      This, in substance, is also the view taken by the socialistic revolutionaries, particularly by those that are of Marxian antecedents. It is a point of conviction with them, though not wholly of reasoned conviction, that the socialistic movement is, in the nature of the case, a proletarian movement, in which the respectable, that is to say the pecuniarily competent, classes can have no organic part even if they try. It is held, in effect, that the well-to-do are, by force of their economic circumstances, incapable of assimilating the socialist ideas. The argument here set forth may serve to enforce this view, but with a difference. Instead of contrasting the well-to-do with the indigent, the line of demarcation between those available for the socialist propaganda and those not so available is rather to be drawn between the classes employed in the industrial and those employed in the pecuniary occupations. It is a question not so much of possessions as of employments; not of relative wealth, but of work. It is a question of work because it is a question of habits of thought, and work shapes the habits of thought. The socialists themselves construe the distinction to be a distinction in respect of habits of thought; and habits of thought are made by habits of life rather than by a legal relation to accumulated goods. This legal relation may count materially in shaping the animus of the several economic classes; but it appears not to be competent of itself to explain the limitations observable in the spread of socialistic sentiment.

      In the light of this consideration, then, it is to be noted: (1) that the dominance of the machine process in

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