Note 12 — Chapter III · THE PECUNIARY STANDARD

For an analysis of the process by which simple barter has grown into the modern intricate system of commerce, with its fine flower in “big finance,” see Thorstein Veblen, The Instinct of Workmanship, chap. V., VI., VIII. More summarily in Geddes and Slater, Ideas at War, Chap. III., IV., V. For a useful analysis of the current commercial organisation see Cole, Self-Government in Industry, pp. 178, 179.