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Published online by Cambridge University Press: 24 July 2012
The over-all challenge to research in business history is to provide facts and generalizations concerning the history of business which may lead to a better understanding of business itself and of its rôle in society. This is an urgent challenge in our age of revolution, a revolution in which the generally expressed objective is a better and more secure living, the political tool being largely economic class conflict, and the target, private capitalism.
Editor's Note: This paper, somewhat shortened, was read at the joint meeting of the Business Historical Society, Inc., and the American Historical Association in Boston, December 29, 1949.