HIS 1003 Lecture Notes - Lecture 13: Edmund Cartwright, Jacob Riis, Flying Shuttle
14 Dec 2016
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Document Summary
Pre-capitalism: feudalism: local lords on estates, serfs farm and pay tribute to the lords. Pre-capitalism mercantilism, 15th-18th centuries: state protection of economy, tariffs restrict imports, seek colonies as source of raw materials and markets for exports. British east india company 1600-1874 dutch east india company, 1602-1800: joint-stock company, minimize risk, state-supported monopoly. Mercantilist solution to this challenge: calico acts 1720. Critics of mercantilism: adam smith, the wealth of nations, 1776. Origins in slavery: engehno, capital from slave-farmed products used to invest in factories. In europe: pre-industrial production: guilds, apprentices journeymen masters, skill, workshop at home, family involved. Women as textile laborers: flying shuttle, 1733, john kay. Richard arkwright: water-frame powered mill, 1769: create the factory system. Social problems for laborers during industrialization: 1832 sadler commission: Describe some of the horrible conditions in coal mines, textile factories, and urban factory towns such as manchester, england. Time table for lowell mills, massachusetts: workers now live by the clock.
