"Once the major wants of mankind are satisfied by the machine process, our factory system must be on a basis of regular annual replacement instead of progressive expansion—not on a basis of premature replacement through debauched workmanship, adulterated materials, and grossly stimulated caprice. "The case," as Mr. J. A. Hobson again puts it, "is a simple one. A mere increase in the variety of our material consumption relieves the strain imposed upon man by the limits of the material universe, for such a variety enables him to utilize a larger proportion of the aggregate matter. But in proportion as we add to mere variety a higher appreciation of those adaptations of matter which are due to human skill, which we call Art, we pass outside the limit of matter and are no longer slaves of roods and acres and a law of diminishing returns." In other words: a genuine standard, once the vital physical wants are satisfied, tends to change the plane of consumption and therefore to limit, in a considerable degree, the extent of further mechanical enterprise."
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Academics from EnglandEconomists from EnglandNon-fiction authors from EnglandJournalists from EnglandDemocratic socialists
Original Language: English
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Lewis Mumford, Technics and Civilization (1934) Ch.8 "Orientation"
https://en.wikiquote.org/wiki/J._A._Hobson
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J. A. Hobson
John Atkinson Hobson (6 July 1858 – 1 April 1940), or J. A. Hobson, was an English economist, social scientist, lecturer, writer and critic of imperialism.
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