11/26/11

Veblen in One Paragraph

Veblen: "No matter which of these books we open, we find the idea that life in a modern industrial community is the result of a polar conflict between 'pecuniary employments' and 'industrial employments', between 'business enterprise' and 'the machine process', between 'vendibility' and 'serviceability'-in short, between making money and making goods. There is a class struggle under capitalism, not between the bourgeoisie and the proletariat, but between businessmen and engineers. Pecuniary habits of thought unite bankers, brokers, lawyers and managers in a defence of private acquisition; in contrast, the discipline of the machine unites workers in industry and more especially the technicians and engineers who supervise them."


Which ought to resonate with Occupy. Please visit my new Occupy Everything Q&A blog.

RECCMENDATION Richard Gordon Quantum Touch

The Slow as Molasses Press