Conlents 
I. Introductory 7 
II. The Machine Process 9 
III. Business Enterprise [6 
IV. Business Principles 37 
VV. The Use of Loan Credit 49 
VI. Modern Business Capital 68 
VII The Theory of Modern Welfare 87 
VIII. Business Principles in Law and Politics 128 
IX. The Cultural Incidence of the Machine 
Process [44 
X. The Natural Decay of Business Enter- 
prise 177 
References 190