The Evolution of Modern Capitalism: A Study of Machine Production |
Common terms and phrases
Adam Smith advantage agriculture applied Bonamy Price capital and labour cent character classes commerce commodities competition condition considerable consume consumption cotton cotton industry depression displacement district of England duction economic effect efficiency eighteenth century employed employment enable engaged England English excess export factory system fall of prices forces foreign forms of capital Germany growth hand high wages higher human important improved increased individual inventions iron J. S. Mill Lancashire large number larger less machine machine-industry machine-production manu manufacture mechanical ment methods mills modern industrial modern machinery monopoly nations operative organised output over-consumption over-supply population processes profits progress proportion quantity railway raw material regarded relation retail saving Schulze-Gaevernitz skill social South Improvement Company specialisation spinning Standard Oil Standard Oil Trust statistics steam supply tendency textile industries tion town trade transport wealth Wealth of Nations weaving women woollen workers
Popular passages
Page 390 - Marks a step of some importance in the study of some difficult physiological and psychological problems which have not yet received much attention in the scientific world of England.
Page 390 - His book will probably remain for some time the best work of reference for facts bearing on those traces of the village community which have not been effaced by conquest, encroachment, and the heavy hand of Roman law."— Scottish Leader.
Page 389 - Saturday Review. III. THE ORIGIN OF THE ARYANS. By Dr. ISAAC TAYLOR. Illustrated. Second Edition. " Canon Taylor is probably the most encyclopaedic all-round scholar now living. His new volume on the Origin of the Aryans is a first-rate example of the excellent account to which he can turn his exceptionally wide and varied information. . . Masterly and exhaustive.
Page 42 - The only trades which it seems possible for a joint-stock company to carry on successfully, without an exclusive privilege, are those of which all the operations are capable of being reduced to what is called a routine, or to such a uniformity of method as admits of little or no variation.