An Historical Introduction to Social Economy

Cover An Historical Introduction to Social Economy
An Historical Introduction to Social Economy
F Stuart Francis Stuart Chapin
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Personal initiative was crushed, and enter- prise in adopting new inventions and introducing im- provements was stifled. So we discover that the normal succession of the grades of apprentice, journeyman, and master craftsman, was gradually broken in upon ; for not all of those who started as apprentices might hope to at- tain the highest industrial ranking. There was a nu- merically increasing class of workmen who were destined always to remain employees in the shop of some master craftsman. By... the fourteenth century, a true * l working- class" had arisen. 4 The growth of this industrial proletariate was the consequence of a variety of causes not yet completely understood. But the main factors responsible for the decline of the English craft-gilds with which this phenomenon was associated were: injurious regulation of internal affairs ; a change in the location of manufacturing industries ; and increasing control of eco- nomic activities by the central government. 5 INTERNAL DEMOKALIZATION The selfish desire of those who were prominent in the craft to secure a monopoly, gradually gained such ascend- ancy that gild regulations became injurious.

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