HIS109Y1 Lecture Notes - Lecture 25: Anomic Aphasia, Conspicuous Consumption, Thomas Robert Malthus
20/01/2016
Lecture 25
The Industrial Revolution (pt.2)
LAISSEZ-FAIRE
DAVID RICARDO (D. 1823)
• We determine our place in the world in terms of industrial production/economic growth
• How to deal with the rise of cities that grew exponentially, year by year?
• France stated idustializig i the 83’s
• Urban society began
• Population of Europe was growing fewer diseases, better diets, longer fertility rates
for women (more healthy children who lived to adulthood, more food production and
distribution)
• Attraction of population, moving of people due to urbanization
• Every aspect of life now changed
• People were buying more goods, more people meant more impetus to have larger
families (farming families could put lots of children to work, as soon as they were 5
years old) fertility paid, feeding the industrial system
• Pospeity of idustializatio as’t spead eually, ut alloed fo hope ad plaig
• Introduction to the factory system
people moved to where the work was, rather than working from home
Had to build large centres in which huge numbers of people would come
together for the production of goods
19th century buildings are still there today, part of the effect of industrialization
in England, the nature of urban life changed (from episcopal centres, military
centres, goods-storing centres to places for the mass production of
manufactured goods/cities where things were made)
increase of population again, even in small towns and village
people left the agricultural world to work in factories
12000 inhabitants i Biigha ut uiopoated, did’t hae a goeet
by 1800, the city was 17000, but then, in 1838, became 1270,000 (no police
force due to the rapid rate, but roads were finally paved)
• Places horrible to live in but there was no alternative
• Death rate was high but hope was higher
• Industrial slum created by industrialization
• Low wages, absence of social services, mostly from ignorance/lack of concern or care
from factory owners
• Factory owners compete with cut throat businessmen
• Should they make the lives of workers better or reinvest in machinery so they can
compete and keep those people working as opposed to driving them back to the street
• Very little contact with misery of poor
• No business interfering
find more resources at oneclass.com
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Document Summary
People moved to where the work was, rather than working from home. Had to build large centres in which huge numbers of people would come together for the production of goods. People left the agricultural world to work in factories. 12000 inhabitants i(cid:374) bi(cid:396)(cid:373)i(cid:374)gha(cid:373) (cid:271)ut u(cid:374)i(cid:374)(cid:272)o(cid:396)po(cid:396)ated, did(cid:374)"t ha(cid:448)e a go(cid:448)e(cid:396)(cid:374)(cid:373)e(cid:374)t. 20/01/2016: consequence of the economic and social theory of the time, best exemplified by david ricardo. Ricardo and his attempt to identify the laws of economics that provided an ideological justification to what seems cruel and heartless. He was a close friend of thomas malthus. Heavily influenced by ideas of adam smith. His responsibility was to discover laws, see how they work both descriptive and prescriptive. If a factory owner decided to pay workers more than just enough to keep them alive and fertile enough for 2 children he would be doing them an enormous disservice misery for himself, people and industry. Over fertility, under fertility, starvation, over fed.
