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The Evolution of Modern Capitalism

Note 167 — Chapter VII · ToC

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It must be borne in mind that many articles of utility and enjoyment must in their final processes be produced for immediate consumption. The "saving" of perishable goods is confined to a saving of the more enduring forms of machinery engaged in their production, or in some few cases to a storing up of the raw material. So likewise that large portion of productive work termed "personal services" cannot be antedated. These limits to the possibility of "saving" are important. No amount of present sacrifice in the interest of the next generation could enable them to live a life of luxurious idleness.

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