The Study of Capitalism essays

The Study of Capitalism essays The Industrial Revolution, Karl Marx The powers that were in place for over a millenium were violently shifting. The 19th century was a time filled with revolution The structure of western society changed forever because of the Industrial Revolution. New technological advances in communications, transportation The Industrial Revolution was a time of invention. The creation of the steam engine or the atmospheric engine as it was originally named, changed transportation and mass production forever. The introduction of steam power replaced human and animal power in the production of goods The impacts the Industrial Revolution had on social thought can be seen through the creation of new social classes. The modern working class, or proletariat began to emerge. Workers no longer owned their tools, they had little property, and generally had to exchange their labor for a money wage. Mechanical power brought a great increase in worker efficiency, which made goods abundant and cheap. Through this the standard of living improved in much of the world. In the new technological times there was a need for the specialization...