Collectivism; Economic history; Great Britain -- Economic policy; Industrial policy; Social history; Socialism
It was in 1705 that the first practical steam-engine, Newcomen's, was set
to work. The life of a man elapsed before this invention was made, by
Watt's introduction of the condenser, into the great instrument of
production which has transformed our industry--but in those sixty years all
the origins of the Industrial System are to be discovered. It was just
before Watt's patent that Hargreaves' spinning-jenny appeared. Thirty years
earlier, Abraham Darby of Colebrook Dale, at the end of a long series of
experiments which had covered more than a century, smelted iron-ore
successfully with coke. Not twenty years later, King introduced the flying
shuttle, the first great improvement in the hand-loom; and in general the
period covered by such a life as that of Dr Johnson, born just after
Newcomen's engine was first set working, and dying seventy-four years
afterwards, when the Industrial System was in full blast, covers that great
transformation of England. A man who, as a child, could remember the last
years of Queen Anne, and who lived to the eve of the French Revolution, saw
passing before his eyes the change which transformed English society and
has led it to the expansion and peril in which we see it to-day.
What was the characteristic mark of that half-century and more? Why did the
new inventions give us the form of society now known and hated under the
name of Industrial? Why did the vast increase in the powers of production,
in population and in accumulation of wealth, turn the mass of Englishmen
into a poverty-stricken proletariat, cut off the rich from the rest of the
nation, and develop to the full all the evils which we associate with the
Capitalist State?
Public-domain text, read in full here on John Shaqi.
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