Publisher's Synopsis
Excerpt from The Framework of Industrial Society
The factory in itself is of no earthly use to anyone unless it ih creases production. It is if regard ed simply by itself, of no use to its owners. Lts product is what is of value. Its product is the only thing that gives it any value, and the more efficiently it is operated the better for the community. If the owner of the factory never drew anything out of it for himself at all, but kept on always reinvesting the entire profits in improvements and extensions he would obviously derive no personal material benefit from owning it. It would however go on being of in creasing benefit to the community.
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