HARVARD
UNIVERSITY
LIBRARY
SEP 15 1960

Copyright, 1916, by
L. T. MYERS

TABLE OF CONTENTS

INTRODUCTION

THEORY AND PRACTICE..

The Ordeal of Fire, 9-Intellectual Individualism, 12-The

Industrial Régime in England and the United States, 13-

Laissez-Faire, 15-Legislative Interference, 21-Laissez-

Faire Justified, 23-The Prophets of Better Things, 25—

The Deluge, 32-Individualism versus Liberty, 41-The

Message of Social Science, 42.

CHAPTER I

THE MAN AND THE MACHINE....

The Tool Maker, 45-The Tool and the Machine, 46-The

Possibilities of the Machine, 49-The Fruits of the Machine,

51-The Industrial Revolution, 56-The Growth of Riches,

62-Man-The Machine Tender, 64-Caught in the Levers

and Cogs, 70-Worker and Product, 78-Spiritual Values,

81-The Lilies of the Field, 84-The Machine and the

Future, 86,

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45

CHAPTER II

THE LABORER AND HIS HIRE..........

Material and Spiritual Values, 89-The Greatest Number,

90-What are Men Worth? 91-Does the Laborer Get

Enough, 95-The Measure of Wage Adequacy, 97-What

is the American Wage? 101-The Phases of Wage Adequacy,

106-Wages and Physical Efficiency, 106-The American

Wage as a Business Proposition, 114-The Social Impli-

cations of the American Wage, 119-The Penalty of Labor,

122.

89

CHAPTER III

INDUSTRIAL LEADERSHIP.

The Call for Leadership, 124-The Qualities of Leadership,

127-America's Leadership Heritage, 129-The Duties of

Leadership, 132-The Opportunities for Leadership, 134-

The Position of the Industrial Leader, 139-The Class Con-

sciousness of the Leaders, 140-The Men Half Way Up,

143-The Methods of Securing Leaders, 146-The Training

of Industry, 148-Leadership through Education, 149-

The Denial of Opportunity, 155.

CHAPTER IV

PAGE

124

POVERTY.

Progress and Poverty, 161-What is Poverty? 163-The

Trail of Poverty, 165-The Burden of Poverty, 172-Crime

Begins in Poverty, 175-Poverty and Disease, 177-"Let

Him be Poor," 183-Dives and Lazarus, 184-Why are

They Poor? 187-The Challenge of Poverty, 194-We

Must Get Off Their Backs, 197.

CHAPTER V

161

RICHES.

The Heaven of the Rich, 199-The Wealth Machine, 201—

Wealth and the Wealthy, 207-Riches and Self-Respect,

209 The Pauperizing Power of Riches, 210-The Isolation

of Riches, 211-Spending as Philanthropy, 215-We Can-

not Serve Mammon, 219-What is Riches? 222-The Maxi-

mum Inequality, 224.

CHAPTER VI

INDUSTRIAL DEMOCRACY...

The Impatience for Constructive Work, 227-The Ideals

of Democracy, 228-Democratic Ideals and the Industrial

Régime, 230-Equality of Opportunity, 232-Liberty as

Opportunity, 238-Opportunity and Pursuit of Happiness,

242-Workers and Eaters, 245-A People's Government,

247-Taxation and Representation, 252-The Man above

the Dollar, 253.

INDEX...

199

227

257

LIST OF ILLUSTRATIONS

SUMPTUOUS STABLES AND HOMELESS HUMANS Frontispiece

CHILD LABORERS OF THE COAL MINES..

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CHILDREN OF THE SLUMS OF NEW YORK CITY.... 37