The Evolution of Modern Capitalism: A Study of Machine Production

Adam Smith advantage agriculture applied Bonamy Price capital and labour cent character classes commerce commodities companies competition condition considerable consumption cotton demand for labour depression displacement duction economic economists efficiency eighteenth century employed employment enable engaged England English excess export factory system fall of prices forces forms of capital growing growth hand high wages higher human important improved individual influence intellectual inventions J. S. Mill Lancashire large number larger less Lord Playfair machine industry machine-production manu manufacture mechanical ment methods mills modern industrial modern machinery monopoly operative organised output over-consumption over-supply population processes profits quantity railway raw material regarded relation retail saving Schulze-Gaevernitz skill social South Improvement Company specialisation spinning standard of comfort Standard Oil Standard Oil Trust statistics steam sumer supply tendency textile industries tion town trade transport wealth Wealth of Nations weaving women woollen workers