Page:Theory of Business Enterprise, The (Veblen).djvu/387

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CHAPTER X

The Natural Decay of Business Enterprise

Broadly, the machine discipline acts to disintegrate the institutional heritage, of all degrees of antiquity and authenticity—whether it be the institutions that embody the principles of natural liberty or those that comprise the residue of more archaic principles of conduct still current in civilized life. It thereby cuts away that ground of law and order on which business enterprise is founded. The further cultural bearing of this disintegration of the received order is no doubt sufficiently serious and far-reaching, but it does not directly concern the present inquiry. It comes in question here only in so far as such a deterioration of the general cultural tissues involves a setback to the continued vigor of business enterprise. But the future of business enterprise is bound up with the future of civilization, since the cultural scheme is, after all, a single one, comprising many interlocking elements, no one of which can be greatly disturbed without disturbing the working of all the rest.

In its bearing on the question in hand, the

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