ABSTRACT
The secular life among the peoples of Christendom is governed in recent times by three several systems of use and wont, sovereign action-patterns induced by the run of past habituation:—the mechanical system of industry; the price-system; and the national establishment. The existing industrial system is dominated by the technology of physics and chemistry, and is a product of recent times, a profoundly modified derivative of the handicraft industry. The current price-system is dominated by absentee ownership and is also a greatly altered outgrowth of the handicraft industry and its petty trade; its continued growth in recent times has, in effect, changed it into a credit-price system. On the side of costs the underlying population comes into the case as being the industrial man-power that is to be bought, including the skill and technical knowledge that makes up the state of the industrial arts.
