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第17部分

the vested interests and the common man-第17部分

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and with every successive move the control exercised by the 
business men in charge grows wider; more arbitrary; and more 
incompatible with the common good。 
    Business affairs; in the narrow sense of the expression; have 
in time necessarily come in for an increasing share of the 
attention of those who exercise the control。 The businesslike 
manager's attention is continually more taken up with 〃the 
financial end〃 of the concern's interests; so that by enforced 
neglect he is necessarily leaving more of the details of shop 
management and supervision of the works to subordinates; largely 
to subordinates who are presumed to have some knowledge of 
technological matters and no immediate interest in the run of the 
market。 They are in fact persons who are presumed to have this 
knowledge by the business men who have none of it。 But the larger 
and final discretion; which affects the working of the industrial 
system as a whole; or the orderly management of any considerable 
group of industries within the general system;… all that is still 
under the immediate control of the businesslike managers; each of 
whom works for his own concern's gain without much afterthought。 
The final discretion still rests with the businesslike 
directorate of each concern  the owner or the board  even in 
all questions of physical organisation and technical management; 
although this businesslike control of the details of production 
necessarily comes to little else than acceptance; rejection; or 
revision of measures proposed by the men immediately in charge of 
the works; together with a constant check on the rate and volume 
of output; with a view to the market。 
    In very great part the directorate's control of the industry 
has practically taken the shape of a veto on such measures of 
production as are not approved by the directorate for 
businesslike reasons; that is to say for purposes of private 
gain。 Business is a pursuit of profits; and profits are to be had 
from profitable sales; and profitable sales can be made only if 
prices are maintained at a profitable level; and prices can be 
maintained only if the volume of marketable output is kept within 
reasonable limits; so that the paramount consideration in such 
business as has to do with the staple industries is a reasonable 
limitation of the output。 〃Reasonable〃 means 〃what the traffic 
will bear〃; that is to say; 〃what will yield the largest net 
return。〃 
    Hence in the larger mechanical industries; which set the pace 
for the rest and which are organised on a standardised and more 
or less automatic plan; the current oversight of production by 
their businesslike directorate does not effectually extend much 
beyond the regulation of the output with a view to what the 
traffic will bear; and in this connection there is very little 
that the business men in charge can do except to keep the output 
short of productive capacity by so much as the state of the 
market seems to require; it does not lie within their competence 
to increase the output beyond that point; or to increase the 
productive capacity of their works; except by way of giving the 
technical men permission to go ahead and do it。 
    The business man's place in the economy of nature is to 〃make 
money;〃 not to produce goods。 The production of goods is a 
mechanical process; incidental to the making of money; whereas 
the making of money is a pecuniary operation; carried on by 
bargain and sale; not by mechanical appliances and powers。 The 
business men make use of the mechanical appliances and powers of 
the industrial system; but they make a pecuniary use of them。 And 
in point of fact the less use a business man can make of the 
mechanical appliances and powers under his charge; and the 
smaller a product he can contrive to turn out for a given return 
in terms of price; the better it suits his purpose。 The highest 
achievement in business is the nearest approach to getting 
something for nothing。 What any given business concern gains must 
come out of the total output of productive industry; of course; 
and to that extent any given business concern has an interest in 
the continued production of goods。 But the less any given 
business concern can contrive to give for what it gets; the more 
profitable its own traffic will be。 Business success means 
〃getting the best of the bargain。〃 
    The common good; so far as it is a question of material 
welfare; is evidently best served by an unhampered working of the 
industrial system at its full capacity; without interruption or 
dislocation。 But it is equally evident that the owner or manager 
of any given concern or section of this industrial system may be 
in a position to gain something for himself at the cost of the 
rest by obstructing; retarding or dislocating this working system 
at some critical point in such a way as will enable him to get 
the best of the bargain in his dealings with the rest。 This 
appears constantly in the altogether usual; and altogether 
legitimate; practice of holding out for a better price。 So also 
in the scarcely less usual; and no less legitimate; practice of 
withholding needed ground or right of way; or needed materials or 
information; from a business rival。 Indeed it has been rumored 
that one of the usual incentives which drew the patriotic 
one…dollar…a…year men from their usual occupations to the service 
of their country was the chance of controlling information by 
means of which to 〃put it over〃 their business rivals。 All these 
things are usual and a matter of course; because business 
management under the conditions created by the new order of 
industry is in great part made up of these things。 Sabotage of 
this kind is indispensable to any large success in industrial 
business。 
    But it is also evident that the private gain which the 
business concerns come in for by this management entails a loss 
on the rest of the community; and that the loss suffered by the 
rest of the community is necessarily larger than the total gains 
which these manoeuvres bring to the business concerns; inasmuch 
as the friction; obstruction and retardation of the moving 
equilibrium of production involved in this business…like sabotage 
necessarily entails a disproportionate curtailment of output。 
    However; it is well to call to mind that the community will 
still be able to get along; perhaps even to get along very 
tolerably; in spite of a very appreciable volume of sabotage of 
this kind; even though it does reduce the net productive capacity 
to a fraction of what it would be in the absence of all this 
interference and retardation; for the current state of the 
industrial arts is highly productive。 So much so that in spite of 
all this deliberate waste and confusion that is set afoot in this 
way for private gain; there still is left over an absolutely 
large residue of net production over cost。 The community still 
has something to go on。 The available margin of free income  
that is to say; the margin of production over cost  is still 
wide; so that it allows a large latitude for playing fast and 
loose with the community's livelihood。 
    Now; these businesslike manoeuvres of deviation and delay are 
by no means to be denounced as being iniquitous or unfair; 
although they may have an unfortunate effect on the conditions of 
life for the common man。 That is his misfortune; which law and 
custom count on his bearing with becoming fortitude。 These are 
the ordinary and approved means of carrying on business according 
to the liberal principles of free bargain and self…help as 
established in the eighteenth century; and they are in the main 
still looked on as a meritorious exercise of thrift and sagacity 
 duly so looked on; it is to be presumed。 At least such is the 
prevailing view among the substantial citizens; who are in a 
position to speak from first…hand knowledge。 It is only that the 
exercise of these homely virtues on the large scale on which 
business is now conducted; and when dealing with the 
wide…reaching articulations of the industrial system under the 
new order of technology;  under these uncalled…for 
circumstances the unguarded exercise of these virtues entails 
business disturbances which are necessarily large; and which 
bring on mischievous consequences in industry which are 
disproportionately larger still。 
    It is also true; the businesslike managers of industrial 
enterprise have also other things to do; besides holding the 
marketable supply of goods and services down to such an amount as 
is expected to bring the most profitable prices; or diverting 
credulous customers from one seller to another by competitive 
advertising。 But it should also be noted that there is next to no 
business enterprise; if any; whose chief end is not profitable 
sales; or profitable bargains which mean the same thing as 
profitable sales。 They are therefore engaged unremittingly in one 
or another of the approved lines of competitive management with a 
view to profitable traffic for themselves; and to creating an 
advantage for themselves in the market。 It is a poor…spirited 

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