ABSTRACT
The large industry necessarily produces for profit because it involves the control of industry by the financier; and there is no test of a financier’s skill except his capacity to produce profits. With the craftsman it is different. He has a natural pride and interest in what he produces, which is possible to a man who actually makes things with his own hands, but which is impossible for a man who can only juggle with figures. Great as are the evils of large organizations already enumerated, there is yet a greater than all these. It is this : they tend to destroy liberty, and their growth is a peril to personal independence. The liberty of a people depends ultimately upon the liberty of the individual, and the liberty of the individual depends in the last resort upon his ability to set up in business on his own account. The cause is the growth of large organizations.
