Quote from R. Heilbroner, "The Worldly Philosophers," (Simon and Shuster, 1953), p. 21:

We are back in France; the year, 1666.

The capitalists of the day face a disturbing challenge which the widening market mechanism has inevitably brought in its wake: change.

The question has come up whether a guild master of the weaving industry should be allowed to try an innovation in his product. The verdict: "If a cloth weaver intends to process a piece according to his own invention, he must not set it on the loom, but should obtain permission from the judges of the town to employ the number and length of threads that he desires, after the question has been considered by four of the oldest merchants and four of the oldest weavers of the guild." One can imagine how many suggestions for change were tolerated.

Shortly after the matter of cloth weaving has been disposed of, the button-makers guild raises a cry of outrage; the tailors are beginning to make buttons out of cloth, an unheard-of thing. The government, indignant that an innovation should threaten a settled industry, imposes a fine on the cloth button makers and even on those who wear cloth buttons. But the wardens of the button guild are not yet satisfied. They demand the right to search people's homes and wardrobes and even to arrest them on the streets if they are seen wearing these subversive goods.

And this dread of change and innovation is not just the comic resistance of a few frightened merchants. Capital is fighting in terror against change, and no holds are barred. In England a revolutionary patent for a stocking frame is not only denied in 1623, but the Privy Council orders the dangerous contraption abolished. In France the importation of printed calicoes is threatening to undermine the clothing industry. It is met with measures which cost the lives of sixteen thousand people! In Valence alone on one occasion 77 persons are sentenced to be hanged, 58 broken on the wheel, 631 sent to the galleys, and one lone and lucky individual set free for the crime of dealing in forbidden calico wares. . . .


- Jed

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