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
labour in England.[96] The chain and nail-making trades, which employ
large numbers of women in South Staffordshire and Worcestershire, are
made more cheaply by machinery in America.[97] Moreover, the high
standard of living and the greater skill of the American operatives
enables them to tend more machines. In German factories a weaver tends
two, or rarely three looms; in Lancashire women weavers undertake
four, and in Massachusetts often six looms, and sometimes eight.[98]
[Illustration: CONSUMPTION OF RAW COTTON, 1887-88. (Millions
of lbs.)]
Thus we see how the new industrial forces were determined in the order
of their operation by the character and conditions of the several
countries, their geographical position and physical resources, the
elements of racial character, political and industrial institutions,
deliberate economic policies, and, above all, by the absorbing nature
of the military and political events contemporary with the outburst of
inventive ingenuity. The composition of these forces determined the
several lines of less resistance along which the new industry moved.
The exact measurement of so multiform a force is impossible. The
appended tables and diagrams may, however, serve to indicate the
progress of the several industrial nations as measured by (i.)
development of railway and merchant shipping; (ii.) consumption of
coal and iron; (iii.) application of steam-power; (iv.) estimated
annual value of manufactures:--
I. COMPARATIVE MILEAGE OF RAILWAYS, 1840 TO 1890.
1840. 1850. 1860. 1870. 1880. 1890.
United Kingdom 800 6,600 10,400 15,500 17,900 19,800
Continent of Europe 800 7,800 21,400 47,800 83,800 110,200
United States 2,800 9,000 30,600 53,400 93,600 156,000
India -- -- 800 4,800 9,300 16,000
Australia -- -- 200 1,200 5,400 10,100
Rest of the World -- -- 2,800 5,500 18,400 42,300
RAILWAY MILEAGE IN RELATION TO AREA AND POPULATION.
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