POLI 212 Lecture Notes - Industrial Unionism, Class Conflict, Pragmatics
Document Summary
Industrialization and sequences and path in industrialization an argument about timing. How radical socialism comes to be transformed into social democracy, the transition from radical socialism to electoral socialism the political mainstreaming of a political option, of significant for the political economy and the working class. Timing of industrializing as an interpretation of the institutional legacies for the institution of the market, and the market understood under financial markets, product markets, and labour markets. The prototypical early industrializer great britain and three late industrializers . Great britain: industrialization occurs around textiles (cloth from wool domestic product, and cotton inputs imports from colonies). It is significant that it is this product because textile production has a backward linkage to agriculture. The backward linkage encourages agricultural capitalism, production for the market, production for use and sale and not simply for consumption on a farm. It encourages the commercialization of agricultural, larger units of agricultural production.