Excerpt from The Nation as a Business Firm: An Attempt to Cut a Path Through Jungle
All social improvements, whether these be Conservative, Radical, or avowedly Socialistic in their character, which it is proposed to effect through any modifications of the economic constitution of society, are what would be called in America so many "business propositions." For all those who advocate changes of such a kind the nation becomes a company or business firm in which the citizens are shareholders, whilst those by whom changes in the current management of affairs are advocated are in the position of the chairman or directors of a company, or else of persons who are seeking to be elected to such posts, and who are asking the shareholders at a general meeting to support them.
Whether (as happens in the case of an existing board) it is their object to secure from the shareholders a continued lease of office, or else the dismissal of the existing board in order that it may be superseded by themselves, a similar task is of necessity imposed on all of them.
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