Industrial Economics

The Industrial Revolution, which took place in Great Britain between the middle of the 18th century and the middle of the 19th, transformed British industry and society and made Great Britain the most powerful nation in the world. The Industrial Revolution didn’t happen due to one, single factor but rather to a number of separate, yet, related developments which interacted to change the world profoundly and completely. Improvements in the production of iron allowed the construction of efficient, reliable steam engines.

For most of human existence, people lived in a somewhat similar fashion. Everything that has been produced, from food and raw materials to clothing and other finished products, has been done either solely by hand or with some help of animal power. This was the same across the eras and throughout the world, no matter how advanced or backward the various civilizations were. Yet, our lives today couldn’t be more different.

From leading contributors to Jacobin magazine, a sweeping vision for a better world and concrete steps to get there, from expansive social welfare guarantees to worker-managed firms to a new culture of innovation. Socialism, the pundits insist, is at best a noble delusion. Good in...

World Economic Forum Founder and Executive Chairman Klaus Schwab offers a practical companion and field guide to his previous book, The Fourth Industrial Revolution. Today, technology is changing everything--how we relate to one another, the way we work, how our economies and goverments function...

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale...

A Financial Times Most Anticipated Book of 2025 A sweeping, dramatic history of capitalism as seen through the eyes of its fiercest critics. At a time when artificial intelligence, climate change, and inequality are raising fundamental questions about the economic system, Capitalism and Its...

Considerados como los períodos de mayor cambio socioeconómico y cultural de la historia, estos se iniciaron entre fines del siglo XVIII y principios del XIX en el Reino Unido. La antigua economía basada en el trabajo manual fue remplazada por otra dominada por la industria y manufactura de maquinaria. La sociedad de entonces asistió estupefacta a un nuevo escenario: Las máquinas habían reemplazo al hombre Fue una revolución.