Value Investing World

Sunday, November 13, 2011

Class Warfare and Revolution (Circa 1850) - By Rick Bookstaber

Found via Simoleon Sense.

In a recent post I discuss six policies that spurred the Industrial Revolution in England – opening up immigration, weakening the guilds, investing in infrastructure, privatizing agricultural land, forcing a move to new energy sources, and policies for bringing capital to the new, capital-intensive technologies – and suggest that these policies have their analogues today as we face what history may view as another industrial revolution.

But that is only one part of the story of the Industrial Revolution. Another part is not always very pretty, but might also be instructive.

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Related previous posts:

Capital versus Talent: Discussion between Malcolm Gladwell and Roger Martin

Amy Chua: World on Fire

Joe at 11/13/2011
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