Who does not remember the remarkable chapter by which Adam Smith opens his inquiry into the nature and causes of the wealth of nations? Even those of our contemporary economists who seldom revert to the works of the father of political economy, and often forget the ideas which inspired them, know that chapter almost by heart, so often has it been copied and recopied since. It has become an article of faith; and the economical history of the century which has elapsed since Adam Smith wrote has been, so to speak, an actual commentary upon it.
“Division of labour” was its watchword. And the division and subdivision — the permanent subdivision — of functions has been pushed so far as to divide humanity into castes which are almost as firmly established as those of old India. We have, first, the broad division into producers and consumers: little-consuming producers on the one hand, little-producing consumers on the other hand. Then, amidst the former, a series of further subdivisions: the manual worker and the intellectual worker, sharply separated from one another to the detriment of both; the agricultural labourers and the workers in the manufacture; and, amidst the mass of the latter, numberless subdivisions again — so minute, indeed, that the modern ideal of a workman seems to be a man or a woman, or even a girl or a boy, without the knowledge of any handicraft, without any conception whatever of the industry he or she is employed in, who is only capable of making all day long and for a whole life the same infinitesimal part of something: who from the age of thirteen to that of sixty pushes the coal cart at a given spot of the mine or makes the spring of a penknife, or “the eighteenth part of a pin.” Mere servants to some machine of a given description; mere flesh-and-bone parts of some