HI125 Lecture Notes - Lecture 8: Proletariat, Newcomen Atmospheric Engine, Erasmus Darwin
Document Summary
Part i: revolutions: the enlightenment, communication through scientific forums (journal, societies, encyclopedias), the coffee house, royal society (1660, lunar society (1765)- joseph priestly (scientist), erasmus darwin (thinker), josiah wedgwood and matthew boulton (industrialists), james. Meeting and exchanging ideas; people study innovation economy. Innovation clusters: mixing of individual talents, especially across industries; clock making is important because that is how you make gears, which is important for machines. As wages increase, people work less, to have more leisure time; have more time for family. When the people hit their target income, they go home for leisure time: more stuff to buy; the addictive substances such as cotton, sugar, chocolate to buy these goods they work longer hours. These people want (cid:271)reaka(cid:271)le ite(cid:373)s (cid:271)e(cid:272)ause the(cid:455)"re fa(cid:374)(cid:272)ier a(cid:374)d (cid:373)ore lu(cid:454)urious. Co(cid:374)su(cid:373)er behavior is changing- people are willing to work harder and harder to buy the stuff they want: early consumerism, households make for the market, e(cid:448)e(cid:374) (cid:373)iddli(cid:374)g a(cid:374)d lo(cid:449)er (cid:272)lass households (cid:449)a(cid:374)t (cid:862)lu(cid:454)uries(cid:863)
