The Evolution of Modern Capitalism: A Study of Machine ProductionHobson, J. A. (John Atkinson)
History
The Evolution of Modern Capitalism: A Study of Machine Production
Hobson, J. A. (John Atkinson)
Capitalism; Industries -- History; Machinery in the workplace
The textile industry offers special facilities to such a study. The
strongest and most widespread of English manufactures, it furnishes in
the early eighteenth century the clearest examples of the several
forms of industry. To the several branches of this industry the
earliest among the great inventions were applied. This start in
industrial development has been maintained, so that the most advanced
forms of the modern factory are found in textile industry. Moreover,
the close attention which has been given to, and the careful records
which have been kept of certain branches of this work, in particular
the Lancashire cotton industry, enable us to trace the operation of
the new industrial forces here with greater precision than is the case
with any other industry. As Schulze-Gaevernitz, in his masterly study,
says of the cotton industry--"The English cotton industry is not only
the oldest, but is in many respects that modern industry which
manifests most clearly the characteristics of modern industrial
methods, both in their economic and their social relations."[68]
The iron industry has been selected on the ground of its close
connection with the application of steam-driven machinery to the
several industries. It is in a sense the most fundamental industry of
modern times, inasmuch as it furnishes the material environment of the
great modern economic forces. Moreover, we have the advantage of
tracing the growth of the iron manufacture _ab ovo_, for, as we have
seen, before the industrial revolution it played a most insignificant
part in English commerce.
Lastly, a study of the relations between the growth of the iron and
the textile industries will be of special service in assisting us to
realise the character of the interaction of the several manufactures
under the growing integration of modern industry.[69]
§ 5. In observing the order of inventions applied to textile
industries, the first point of significance is that cotton, a small
industry confined to a part of Lancashire, and up to 1768 dependent
upon linen in order to furnish a complete cloth, should take the lead.
The woollen trades, in the first half of the eighteenth century, as
we saw, engaged the attention of a vastly larger number of persons,
and played a much more important part in our commerce. The silk trade
had received new life from the flow of intelligent French workers, and
the first modern factory with elaborate machinery was that set up for
silk throwing by Lombe. Yet by far the larger number of the important
textile inventions of the eighteenth century were either applied in
the first instance to the cotton manufacture and transferred,
sometimes after a lapse of many years, to the woollen, worsted, and
other textile trades, or being invented for woollen trades, proved
unsuccessful until applied to cotton.[70]
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