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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.

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Table of Contents

Business Principles In Law And Politics

contract. This discrepancy serves to show that the vulgar, the laity, from whose numbers the jm-ies are drawn, have not an adequate sense of the principles that lie at the root of the law ; which may be due in part to their not realizing how essential a foundar tion of law, order, and common welfare these principles of natiu-al liberty are. The visible disparity in the distribution of property may make those classes who have little property envious of the wealthy members, and so make them lose interest in the maintenance of the rights of property. But apart from this, the discipline of daUy life.

menti of aomfort or ot llvellbood ; and the rights of propertj are the

foundation ot modem law and order, nhile the reqairemenli of comfort or livelihood passed oat of the scope ot Uie law on the abrogation ot the outworn ayatem ot mandator? prescriptions goveming industrial and trade relations in earl; modem times. Since the diapotee in question rarely it ever arise out ot a hreach ot contract on the part ot the emplnfer-owner, the decision can ordinarily, in lh« naturs of the case, not go againat him. Inasmuch as the taundation ot economic law and order is the freedom and inTiolability of pecuniary coDtracts. It slioald, in fact, be nearly a matter of indifference to the "papular" side of tbis claas of litigation whether the courts are corrupt or not The question baa little else tlian a speculative Intereit. In the oatore of the case the owner alone bas, ordinarily, any standing in court. All of which argues that there are probably very few courts that are in any degree corrupt or biassed, so far as touches litigation of tbis olass. Efforts to corrupt them would ba a work ot supererogation, besides being immoral.

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