But the best of men might suffer from a sudden change in consumer tastes or as the result not of their own inadequacy but of that of their employer. These unpredictable changes in fortune were both inevitable and useful. They were inevitable, for they were part of the capacity of thé system to accommodate itself to change. As requirements and wishes changed, men were employed in new places and disemployed in the old. Capital was sought in the new industries and written off as a loss in the old. The insecurity was useful because it drove men—businessmen, workers, the self-employed—to render
...more
