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ill, by the help of a gigantic commissariat, performing functions incomparably more complex than were ever needed for military purposes? The answer supposes that there is, as a matter of fact, a great industrial organisation which discharges the various functions of producing, exchanging, distributing, and so forth; and that its mutual relations are just as capable of being investigated and stated as the relations between different parts of an army. The men and officers do not wear uniforms; they are not explicitly drilled or subject to a definite code of discipline; and their rates of pay are not settled by any central authority. But there are capitalists, "undertakers" and labourers, merchants and retail dealers and contractors, and so forth, just as certainly as there are generals and privates, horse, foot, and artillery; and their mutual relations are equally definable. The economist has to explain the working of this industrial mechanism; and the thought may sometimes occur to us, that it is strange that he should find the task so difficult. Since we ourselves have made, or at any rate constitute, the mechanism, why should it be so puzzling to find out what it is? We are cooperating in a systematic production and distribution of wealth, and we surely ought not to find any impenetrable mystery in discovering what it is that we are doing every day of our lives. Certain economists writing within this century have often been credited with the discovery of the true theory of rent, or, which is equally good for my purpose, of starting a false theory. Yet landowners and agents had been letting farms and houses for generations; and surely they ought to have known what it was that they were themselves doing. One explanation of the difficulty is, that whereas an army is constituted by certain regulations of a central authority, the industrial army has grown up unconsciously and spontaneously. Its multitudinous members have only looked each at his own little circle; the labourer only thinks of his wages, and the capitalist of his profits, without considering his relations to the whole system of which he forms a part. The peasant drives his plough for wages, and buys his tea as if the tea fell like manna from the skies, without thinking of the curious relation into which he is thus brought with the natives of another hemisphere. The order which results from all these independent activities appeared to the older economists as
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