¶ Industrialization (1)
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Index Entry
Industrialization:
"Industrial authority… has recently shifted from major preoccupation with exploiting original resource to preoccupation with keeping the ‘wheels’ which they manage turning-- now that the original inventory of ‘wheels,’ that is tools in general, has been realized from our original resource. Though original-resource exploiters still have great power, that power will diminish as the mines now existing above grade, in highly concentrated use forms, yet in rapidly obsoleting original design, become the preponderant source of the annual need.
“Severe acceleration in the trend to increase of performance per pound of invested material now characterizes all world industry. With no important increase in the rate of annual receipt of original mines, the full array of mechanics and structure requisite to amplifying the industrial complex from its present service to approximately one-third of the world’s population to serve all the world’s population, may be accomplished by the scrap ‘mined’ from the progressively obsoleting structures and mechanics. World industrial management will be progressively dependent upon the comprehensive designer to accelerate the turning of his wheels by design”
