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The Theory Of Business Enterprise

derivation, for the use of any other person to whose use he sees fit to transfer it. The workman's force, ingenuity, and dexterity was the ultimate eeonoinic factor, — ultimate in a mauner patent to the common sense of a generation habituated to the system of handicraft, however doubtful such a view may appear in the eyes of a generation in whose apprehension the workman is no longer the prime mover nor the sole, or even chief, efficient factor in the industrial process. The free workman, master of his own motions and with discretion as to what he would turn his efforts to, if to anything, had by Locke's time become an habitual fact in the life of the English community to such a degree that free labor, of the character of handicraft, was accepted uncritically as the fundamental factor in all human economy, and as the presumptive original fact in industry and in the struggle for wealth. So settled did this habit of thought become that no question was entertained as to the truth of the assumption.

It became a principle of the natural order of ithings that free labor is the original source of (wealth and the basis of ownership. In point of historical fact, no doubt, such was not the pedigree of modem industry or modern ownership; but the serene, imdoubting assumption of Locke and his generation only stands out the

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