nt purpose, it has been felt chiefly in four
fields: manufacturing, commerce, wealth-surplus and population.
The efficiency of the new manufacturing processes has provided a large
surplus of goods that must be taken somewhere, exchanged for food and
raw materials, which must, in turn, be brought to the producers of
manufactured goods. In the course of these transactions, a generous
share of the values produced goes, in the form of profit, to the owners
of the industry, another considerable portion goes into reinvestment,
thus swelling the volume of productive capital.
The increased wealth, the larger capital and the greater amount of
surplus all make possible the maintenance of a larger population. Thus
it has come about during the past century, that the production of goods,
the transport of goods, and the population, have all been increasing at
a rate unheard of during the previous thousand years.
The suddenness of these economic changes has swept the world away from
its accustomed moorings, out upon an uncharted sea. Only yesterday the
race was struggling to make a meagre living: to-day the centres of
industry are glutted with bulging warehouses and equipped with idle
machinery that will produce unheard of quantities of shoes and blankets
and talking machine records, if the owners will but give the word to the
workers who are eager to perform those services that yield them a
living. Only yesterday the world was maintained by local production:
to-day it depends upon transport and exchange. All of these changes in
the accustomed ways and acts of men have been brought about in the
course of an economic revolution.
The tidal wave of the industrial revolution has not stopped with the
economic world. No phase of life has been exempt from the power of its
magic. The school, the church, the family, the home, the state, have all
felt its transforming might. The aggregate of these changes is the
profound social revolution that has been for some time, and that is at
present tearing the fabric of the old society to tatters, while beneath
its surface-chaos is forming the nucleus of a new social order.
9. _A New Order_
The results of profound changes such as those that are now occurring,
must be chaos except in so far as the ingenuity and organizing capacity
of man re-establishes order. The people in the world are in very much
the position of a valley population suffering from a disastrous flood.
Their houses and f
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