Excerpt from Our Economic Life a General Social Science
Throughout the centuries man has been progressing - more and more rapidly since the time of the Industrial Revolution. Large-scale production has given us powerful slaves in the form of machinery, but has made us almost completely dependent upon the machine, our life work and our means of enjoyment alike conditioned by its use. Division of labor has been the natural consequence of the establishment of the machine era, and as such division has grown more and more minute our dependence upon one another has become correspondingly greater. There are certain laws and forces continually at work in this complex life of ours, and many of us do not realize that they even exist.
An American banker has said that the American people are "economic illiterates" - that we do not know the ABC's of the business world in which we live. Social problems resulting from our more complex lives are growing up more rapidly than we are able to solve them, while the corruption so often found in politics bears mute testimony to our ignorance of, or indifference to, those underlying political principles upon which all good government must be based.
This book does not pretend to give a complete exposition of the economic, sociological, and political principles underlying our group life. But it does try to give a basis upon which the boys and girls may build a better understanding of such sciences from their own activities and from the information which they glean from books, magazines, and newspapers. Furthermore, it attempts to give them some standards by which they may evaluate the everyday occurrences of their everyday lives, and some appreciation of their share in the preservation and development of the group life.
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