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1、pagina1TheTheoryofBusinessEnterprisebyThorsteinVeblen1904PrefaceInrespecttoitspointofdeparture,thefollowinginquiryintothenature,causes,utility,andfurtherdriftofbusinessenterprisediffersfromotherdiscussionsofthesamegeneralrangeoffacts.Anyunfamiliarconclusionsareduetothisch
2、oiceofapointofview,ratherthantoanypeculiarityinthefacts,articlesoftheory,ormethodofargumentemployed.Thepointofviewisthatgivenbythebusinessman'swork,--theaims,motives,andmeansthatconditioncurrentbusinesstraffic.Thischoiceofapointofviewisitselfgivenbythecurrenteconomicsitua
3、tion,inthatthesituationplainlyisprimarilyabusinesssituation.Amuchmoreextendedanddetailedexaminationoftheramificationsandconsequencesofbusinessenterpriseandbusinessprincipleswouldfeasible,andshouldgiveinterestingresults.Itmightconceivablyleadtosomethingofarevision(moderniz
4、ation)ofmorethanonepointinthecurrentbodyofeconomicdoctrines.Butitshouldapparentlyprovemoreparticularyinterestingifitwerefollowedupatlargeinthebearingofthismodernforceuponculturalgrowth,apartfromwhatisofimmediateeconomicinterest.Thisculturalbearingofbusinessenterprise,howe
5、ver,belongsratherinthefieldofthesociologistthaninthatoftheprofessedeconomist;sothatthepresentinquiry,initslaterchapters,sinsratherbyexceedingthelegitimateboundsofeconomicdiscussiononthisheadthanbyfallingshortofthem.Inextenuationofthisfaultitissaidthatthefeaturesofgeneralc
6、ulturetoucheduponinthesechaptersbeartoointimatelyontheeconomicsituationpropertoadmittheirbeingleftentirelyononeside.Ofthechaptersincludedinthevolume,thefifth,onLoanCredit,istakenwithoutsubstantialchange,fromVolumeIVoftheDecennialPublicationsoftheUniversityofChicago,wherei
7、tappearsasamonograph.TheTheoryofBusinessEnterprisebyThorsteinVeblen1904ChapterOneIntroductoryThematerialframeworkofmoderncivilizationistheindustrialsystem,andthedirectingforcewhichanimatesthisframeworkisbusinessenterprise.Toagreaterextentthananyotherknownphaseofculture,mo
8、dernChristendomtakesitscomplexionfromitseconomicorganization.Thismoderneconomicorganizationisthe