Sketch of the Life and Work of Milton Prince Higgins, 1842-1912

Josepha M. Perry

Business History Review, 1944, vol. 18, issue 3, 33-54

Abstract: In the days of the gilds, when a master craftsman hired half a dozen journeymen to work for him and became the capitalist of his time, one of his chief assets was skill at his trade. The industrial revolution left this petty capitalist as helpless as a museum piece so far as ownership of the tools of production was concerned, but it could not relegate to the showcase his outstanding characteristic, innate manual skill. The later age translated skill into mechanical ingenuity. Machines might turn out the finished product with an unskilled machine operator at their side, but back of the machines were mechanics with machine-wise fingers, and finally mechanical engineers with a creative sense. By means of the same ability which turned the old-time craftsmen into proprietors of production, the skilled mechanics of yesterday have evolved into industrial capitalists.

Date: 1944
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:buhirw:v:18:y:1944:i:03:p:33-54_02

Access Statistics for this article

More articles in Business History Review from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().