FREE BOOKS

Author's List




PREV.   NEXT  
|<   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55  
56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   >>   >|  
nt purpose, it has been felt chiefly in four fields: manufacturing, commerce, wealth-surplus and population. The efficiency of the new manufacturing processes has provided a large surplus of goods that must be taken somewhere, exchanged for food and raw materials, which must, in turn, be brought to the producers of manufactured goods. In the course of these transactions, a generous share of the values produced goes, in the form of profit, to the owners of the industry, another considerable portion goes into reinvestment, thus swelling the volume of productive capital. The increased wealth, the larger capital and the greater amount of surplus all make possible the maintenance of a larger population. Thus it has come about during the past century, that the production of goods, the transport of goods, and the population, have all been increasing at a rate unheard of during the previous thousand years. The suddenness of these economic changes has swept the world away from its accustomed moorings, out upon an uncharted sea. Only yesterday the race was struggling to make a meagre living: to-day the centres of industry are glutted with bulging warehouses and equipped with idle machinery that will produce unheard of quantities of shoes and blankets and talking machine records, if the owners will but give the word to the workers who are eager to perform those services that yield them a living. Only yesterday the world was maintained by local production: to-day it depends upon transport and exchange. All of these changes in the accustomed ways and acts of men have been brought about in the course of an economic revolution. The tidal wave of the industrial revolution has not stopped with the economic world. No phase of life has been exempt from the power of its magic. The school, the church, the family, the home, the state, have all felt its transforming might. The aggregate of these changes is the profound social revolution that has been for some time, and that is at present tearing the fabric of the old society to tatters, while beneath its surface-chaos is forming the nucleus of a new social order. 9. _A New Order_ The results of profound changes such as those that are now occurring, must be chaos except in so far as the ingenuity and organizing capacity of man re-establishes order. The people in the world are in very much the position of a valley population suffering from a disastrous flood. Their houses and f
PREV.   NEXT  
|<   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51   52   53   54   55  
56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   77   78   79   80   >>   >|  



Top keywords:

population

 

economic

 

revolution

 

surplus

 

larger

 

production

 

capital

 

industry

 

unheard

 
transport

yesterday
 

profound

 

social

 
owners
 

living

 

accustomed

 
brought
 

manufacturing

 
wealth
 

family


church
 

present

 

school

 

aggregate

 

transforming

 

chiefly

 

fields

 

depends

 

exchange

 

maintained


tearing

 

stopped

 

industrial

 
exempt
 

establishes

 

people

 

capacity

 
ingenuity
 

organizing

 
houses

disastrous
 
position
 

valley

 

suffering

 

surface

 

forming

 

nucleus

 

beneath

 
services
 

society