But I think the arguments are sound and clear-cut nonetheless. I believe the inadequacy of the argument to modern employment rests rather on importance of the s

But I think the arguments are sound and clear-cut nonetheless. I believe the inadequacy of the argument to modern employment rests rather on importance of the set of skills that he willingly neglected: a more significant portion of jobs those days are very intensive on creativity and reliant on risky behavior associated with the former. With a sound internal structure this risk can be controlled and isolated within organizations to get good results -- e.g. spawning research labs, creating "distributed labs" like Google, etc.