Items related to The Engineers and the Price System
Synopsis
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 edition. Excerpt: ... VI A MEMORANDUM ON A PRACTICABLE SOVIET OF TECHNICIANS It is the purpose of this memorandum to show, in an objective way, that under existing circumstances there need be no fear, and no hope, of an effectual revolutionary overturn in America, such as would unsettle the established order and unseat those Vested Interests that now control the country's industrial system. In an earlier paper (The Dial, October 4) it has been argued that no effectual move in the direction of such an overturn can be made except on the initiative and under the direction of the country's technicians, taking action in common and on a concerted plan. Notoriously, no move of this nature has been made hitherto, nor is there evidence that anything of the kind has been contemplated by the technicians. They still are consistently loyal, with something more than a hired-man's loyalty, to the established order of commercial profit and absentee ownership. And any adequate plan of con 138 certed action, such as would be required for the enterprise in question, is not a small matter that can be arranged between two days. Any plan of action that shall hope to meet the requirements of the case in any passable fashion must necessarily have the benefit of mature deliberation among the technicians who are competent to initiate such an enterprise; it must engage the intelligent co-operation of several thousand technically trained men scattered over the face of the country, in one industry and another; must carry out a passably complete cadastration of the country's industrial forces; must set up practicable organization tables covering the country's industry in some detail,-- energy-resources, materials, and man power; and it must also engage the aggressive support of the...
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About the Author
Thorstein Veblen (1857-1929) was perhaps the most famous American economist and social critic of his time. He taught at the universities of Chicago and Missouri, Stanford University, and the New School for Social Research. His many books include The Theory of Business Enterprise, The Higher Learning in America, and The Theory of the Leisure Class, all available from Transaction.
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