9 years ago
Creative destruction: From Luddites and taxi drivers to the entire human species.
Economic repercussions of innovation. The year is 1811, on the eve of the Industrial Revolution, in the south of the region called Nottinghamshire in England, an elite group of craftsmen see their communities threatened by a combination of machines and new practices that had been imposed by the aggressive new class of manufacturers driving the Industrial Revolution. The factory system, with its vast mills and steam-powered looms had replaced them slowly but steadily...
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