For example, since the end of Industry is wealth for consumption it would be possible to group the industrial phenomena accordingly as they served more fully and directly to satisfy human wants, or as they affected quantitatively or qualitatively the standard of consumption, and to consider the reflex actions of changed consumption upon modes of industrial activity. Or again, considering Industry to consist essentially of organised productive human effort, those factors most closely related to changes in nature, conditions, and intensity of work might form the centre of scientific interest; and we might group our facts and forces according to their bearing upon this. These points of view would give us different objective scientific studies.

Or, once more, taking a purely subjective standpoint, we might search out the intellectual expression of these industrial changes in the changing thought and feeling of the age, tracing the educative influences of industrial development upon (1) the deliberate judgments of the business world and of economic thinkers as reflected in economic writings; (2) politics, literature, and art through the changes of social environment, and the direct stimulation of new ideas and sentiments. The deeper and more important human bearings of the changes in industrial environment might thus be brought into prominence as well as the reaction by which, through the various social avenues of law, public opinion, and private organised activity, these intellectual forces have operated in their turn upon the industrial structure.

The Evolution of Modern Capitalism — Part 8

The crowning difficulty of an adequate scientific treatment consists in the fact that each and all of these scientific objects ought to be pursued simultaneously; that is to say, the whole of the phenomena--industrial, intellectual, political, moral, æsthetic--should be presented in their just but ever-changing proportions.

The Evolution of Modern Capitalism — Part 8

This larger philosophic treatment is only named in order that it may be realised how narrow and incomplete would be even the amplest fulfilment of the purpose indicated in the title of this book.

The Evolution of Modern Capitalism — Part 8

§ 2. Industrial science has not yet sufficiently advanced to enable a full treatment of the objective phenomena to be attempted.