Chapter 72

2257 Words

"Now, Florence, tell us in what way the multitude of distinct vested interests which made up private capitalism operated to produce an antagonism toward economic inventions and improvements." HOW PROGRESS ANTAGONIZED VESTED INTERESTS. "As I have said," replied the girl, "everybody's interest was wholly confined to and bound up with the particular occupation he was engaged in. If he was a capitalist, his capital was embarked in it; if he was an artisan, his capital was the knowledge of some particular craft or part of a craft, and he depended for his livelihood on the demand for the sort of work he had learned how to do. Neither as capitalist or artisan, as employer or employee, had he any economic interest or dependence outside of or larger than his special business. Now, the effect of a

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