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nydus/The Theory of Business EnterprisePublic

Thorstein Veblen examines the modern industrial system as a structure defined by the machine process and investment for profit. He analyzes how business enterprise and the pursuit of financial gain serve as the primary forces directing contemporary economic organization.

Page 191 of 422
Table of Contents

Modern Business Capital

■ This dissociation of the buBlaeas coDtrol From workmanlike efflciencjr and from immediate contact with or ownership of the Industrial plant gives the existing situation a auperflclal resemblance to the feudal system, in so far as touches the immateriality of the captain's connections with the everyday life and interests of the community of whose aflairs he is master. It gives a certain pSausibility to tbe attempted interpretation of latter-day economic developmenU in feiuiUUnio tenBH — See Ghent, Our Benevolent Feudalitm.

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