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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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The Theory Of Business Enterprise

and conventional principles of economic right and wrong.

There is little agreement among socialists as to a programme for the future. Their construcUve proposals are ill-defined and inconsistent and almost entirely negative. The negative character of the socialistic propaganda haa been made a jMjint of disparagement by its critics, perhaps justly. But their predilection for shifty ieono-

S3S THE THEOBT OP BDaDTESS KKTERPBISB

daMn, u weD as the vagaeDeaB and incomiBtcaey of their constnictire pn^xjaah, are in the ptemit oonnectioD to be taken as erideDoe that the sttitode of the socialists caimot be exj^ened in positive terms given by the institutions at present in force. It may also be evidence of the tmtenabilitj of the socialistic ideals; but the merits of the eodalist contentions do not concern the present inquiry. The qoefltion here is as to the nature and causes of the socialist disaffection ; it does not concern the profounder and more delicate point, as to the validity of the socialist contentions.

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