EAS105H1 Lecture Notes - History Of East Asia, Proletariat
16 Aug 2012
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Document Summary
An argument done to death is that it was a clash of civilizations. But can consider it in the form of cycles. At the time china was a mercantile society. What we see 1820"s-1870"s in england industrialization where we see the norm develop of workers having to sell their labor for the ability to live [while. Britain was waging wars in china] formation of modern working class in. Repeated phenomenon where people like marx, adam smith start to notice the internal logic of industrialization, notice the cycles. Political economists discover that there are crises every 10 years after industrialization. 6 decades of industrialization development allowed ricardo, marx to develop economic theory b/c they noticed the cycles and crises every 10 years. Why 10 years happened to coincide with lifespan of machinery not a cause but a symptom. After the 1870"s, the economic crises became more erratic and unpredictable [ we are still in one now]
