THE THEORY OF MODERN WELFARE 265
line of industrial business comes to stand in relar lively intimate relations to an ever increasing range of other lines with which it carries on a traffic of purchase or sale.
A consequence of this state of things is that any business coalition, in order effectually to serve its purpose of maintaining earnings and capitalization, is required to be of larger scope and closer texture.
As the exigencies which enforce the resort to coalition uninterruptedly gain in scope and urgency, the " trust " must take the same course of growth to meet these exigencies ; until, with some slight further advance along the accustomed lines, the trust which shall serve the modern business situation must comprehend in one close business coalition virtually the whole field of industry within which the machine process is the dominant industrial factor'
A esto hay una amplia excepción, dada por las circunstancias de la organización industrial.
Esta organización descansa en la distinción entre la gestión empresarial y la propiedad.
Los obreros no poseen ni pueden poseer ni dirigir el equipo y los procesos industriales, en tanto que prevalezca la propiedad y la industria deba gestionarse según principios comerciales.
Por lo tanto, la oferta de mano de obra, o la población trabajadora, no puede incluirse en el idealmente