What if they gave an Industrial Revolution and nobody came? (2023)
rootsofprogress.org
rootsofprogress.org
After reading Coal - A Human History I’m of the opinion that the industrial revolution was a complete accident of circumstance on a tiny island that didn’t have enough trees to support its population’s energy needs and a surface supply of coal just big enough to get the industry started but not enough to supply the growing population without digging deeper.
I think it’s interesting to note that the original steam engines were specifically for coal mines. A lot of the cost of coal was transportation; at the source it was actually pretty cheap.
There was an ACOUP piece linked on here recently that did a pretty convincing job of explaining that you needed the twin circumstances of (relatively) deep coal mining (which means you need existing substantial demand for coal unrelated to powering engines) and a lot of effort already being spent on developing pressure vessels (say… a long-running arms race for better and more-powerful cannon) to both get the Industrial Revolution at all, and to see it develop so remarkably fast as it did. Absent the former, it just doesn’t happen, and absent the latter, it’s a lot slower to get going.
I also think there is always an element of chance. Sometimes looking back it's easy to think there was some special sauce - Britain was special etc, but sometimes it is a large part random chance.
This is particularly the case for something like the Industrial revolution where there is a snowball effect - as you optimise the process at one point the shifting economics cascade ( something that was expensive is now cheap, that cheap thing can now be used in places it couldn't before ).
If not for your comment, I wouldn't have known that Barbara Freese was an environmentalist.
https://www.amazon.com/gp/customer-reviews/R1Q4KDKM5SNDBA/re...
Do you really expect us to accept this review?
I disagree with you — the data and the trends were perfectly clear back then and I remember the political lines were drawn no differently from today.
The IPCC started back in 1986 when the problem was considered serious enough for the UN to found a body to investigate. Though perhaps back then there was more controversy, I don’t remember. But I do remember that by 2000 my thinking had shifted to understanding it was a serious problem, though not one I was concerned enough to start working on.
Sorry for no footnotes — I’m writing this more as a disagreement of opinion.
> The same people who called it a communist hoax back then call it a communist hoax now.
Yes, but the people who didn't think there was enough data then think there is enough data today. Talking about the group that didn't change isn't very useful if you want to find those who did. Today the sane opposition argues that raising temperature isn't a bad thing or that it can be worked around, they don't say that global warming isn't a thing.
Edit: If you want proof look at discussion about global warming on conservative reddit, top post says that climate change denial is dumb, the right today doesn't believe that climate change is a conspiracy except for a fringe and the rest of the right think that those are lunatics.
This all happened since 2008, if you believe most right wing people today are climate change deniers then you are ignorant, but if you thought so 2008 then you would be not far from right:
https://old.reddit.com/r/Conservative/comments/yzdcqy/global...
Review the concept of mimetic theory and understand that the majority holding an opinion doesn't guarantee it being even remotely true.
Given the massive importance of textiles to Britain's economy and the substantial efficiency gains before the steam engine was used in textile factories, I don't think it's fair to say that the industrial revolution was entirely a coal/heating driven coincidence.
These three non-coal factors were also at play in stimulating the automation of spinning and weaving:
1. High wages relative to capital costs (compare with India, the previous textile leader, where it was uneconomical to invest in machines to reduce human labor)
2. Relatively elastic input supply of cotton from American colonies, and relatively elastic output demand for textiles throughout Europe, India, Africa, Asia and America.
3. A parliamentary system that significantly prioritized commercial interests relative to monarchies like Spain, France, China. This was relatively unique in the world (exceptions include the Dutch Republic and Italian city-states like Venice), and certainly unique among states of Britain's size and defensibility. It's important to remember that kings don't really care whether GDP per capita goes up 1% per year or 0% per year; they care about glory from empire expansion and regime defense (and the latter is often manifestly counter to commercialization and automation, which simultaneously empowers a threatening merchant class and also leads to revolts and instability among the lower class.)
Note that the first two largely stemmed from Britain's increasing domination of world trade, itself founded on a combination of naval hegemony, efficient capital markets, and shipping expertise (many of these inherited from the Dutch legacy following the Glorious Revolution).
Outsized results are almost always caused by a confluence of many interacting factors rather than a single explanation like coal deposits.
> Outsized results are almost always caused by a confluence of many interacting factors rather than a single explanation like coal deposits.
That's a complete strawman. I wasn't making that argument at all; quite the opposite! It was the confluence of factors that drove England to use coal that are responsible for the industrial revolution like the population boom, England's geography and dependence on pasture rather than more productive agricultural land leading to deforestation and a robust textile industry, and so on.
There was an incentive to innovate and automate, and a political structure that supported it - or at least did not shut it down - that existed independently of Britain's coal deposits and heating needs.
In my view, the deforestation --> coal --> steam engine arc is important, but just one of several factors (other notable factors being global trade dominance founded on the world's strongest navy and most efficient capital markets, as well a parliamentary system consistently advocating for commercial over monarchical interests). Coal deposits and local deforestation near large cities were not unique to Britain (see China, Belgium and Germany).
> After reading Coal - A Human History I’m of the opinion that the industrial revolution was a complete accident of circumstance on a tiny island that didn’t have enough trees to support its population’s energy needs...
This is the part of your initial comment I am responding to. I don't mean to make it a straw man, but I do disagree with the primacy of the deforestation --> coal arc. I think Britain with more trees would still industrialize; on the other hand I think Britain without its trade empire or navy, or Britain run by an all-powerful emperor would not have industrialized first.
Another take on why the trade empire/navy was more primary than deforestation is that the former had a strong causal relationship on the latter. The Royal Navy's shipbuilding was a major cause of deforestation [1], and the growth of international trade was itself a significant driver of London's population growth which in turn caused the forests to be stripped for fuel.
[1] https://legionmagazine.com/the-royal-navys-war-on-trees/
It just sounds like you're trying to make an ideological point.
To me, it sounds like you are so sensitive to a particular axe being ground that you can't hear it when there's objective evidence to support the viewpoint that you're nervous about.
Marxism is really a consequence of the Victorian era, despite Marx and Engles being German. It is the fruit of not just the economic system of the mid-late 19th century but its social values as well. It makes no sense for the prior period of early industrialization.
Also Britain’s political emphasis of commercial activity predates significant industrialization — just look at the enclosure laws and Corn Laws, and compare them to the contemporary extractive view towards commerce in France.
Making ploughs and other agricultural machinery, cutlery, military arms, and other bits of machinery (axles for carts and carriages for instance).
The exploitation of coal for kinetic energy allowed the industrial revolution to continue, but yes, it certainly got underway well before coal had any contribution of this sort.
I would add that because nearly all of it is invisible, the role of heat in industrial processes is now widely underestimated. Making salt, the precursor for many chemicals as well as having many uses itself; scouring wool, making bricks (way more efficient than using stone), and many more. Coal enabled all of these to be scaled up well beyond the carrying capacity of any country's forests.
Edit: oh, and of course iron smelting!
1. But not particularly well paid.
Most of Eurasia had a communitarian family form, in which adult sons and their spouses lived with their parents, and were married young, while still economically dependent on them.
In NW Europe the ancient neolocal nuclear family form was still in use. Adult children moved out of the parental home on their own marriage. This meant they could move to wherever there were good work prospects rather than being stuck on the family farm.
In nearly all of Eurasia getting the necessary urban workforces would have been a difficult job.
China had a labor surplus for much of its history. There were not enough economic opportunities, and ever growing numbers of marginalized young men with varying skills in militia training leading to increasing banditry, uprisings, and so forth.
In Northwest Europe, women married when they and their prospective husbands had saved enough to form a new household, typically 24 to 27 years of age. That is several fewer children per woman.
It was also self-balancing. When population was high, wages decreased, so women married later, so population decreased in the next generation. And vice versa.
In China, childbearing was not regulated by economic conditions so the population was controlled via famine, which tends to bring riots, banditry and so on with it.
If Emmanuel Todd is to be believed, on this, his primary area of expertise. Like Noam Chomsky he branched out into other topics later.
Of course there were other regulators in China. Female infanticide was a primary one. Sex ratio imbalances also cause trouble though.
https://en.wikipedia.org/wiki/Hot_blast https://en.wikipedia.org/wiki/Bessemer_process
https://en.m.wikipedia.org/wiki/Science_and_technology_of_th...
And is why labor productivity is used as a comparator.
The question, still completely applicable today, is the trade off between cost of capital and cost of labor. Will your cap ex ultimately cuts your op ex?
Another key invention there is the joint stock limited corporation, developed for shipping voyages but allowing a new mechanism for financing cap ex.
"...the industrial revolution was more than simply an increase in economic production. Modest increases in economic production are, after all, possible in agrarian economies. Instead, the industrial revolution was about accessing entirely new sources of energy for broad use in the economy, thus drastically increasing the amount of power available for human use. The industrial revolution thus represents not merely a change in quantity, but a change in kind from what we might call an ‘organic’ economy to a ‘mineral’ economy. Consequently, I’d argue, the industrial revolution represents probably just the second time in human history that as a species we’ve undergone a radical change in our production; the first being the development of agriculture in the Neolithic period."
https://acoup.blog/2022/08/26/collections-why-no-roman-indus... Note: one of my favourite essays
I am British - Sri Lankan (dual nationality, have lived in both countries) and find it weird - Sri Lanka is smaller and has a higher population density (population a little less than Australia).
I think part of it is that most of the population lives a few high density areas so it feels crowded. Another part is the tendency to compare to the US (which is culturally dominant in the English speaking world), rather than say The Netherlands or Honshu.
Its only when you put enforce minimum standards for all humans that humans starts to cost, and its only when you start to dig up fossil fuels that you start to have excess energy for your machines compared to feeding humans. Without those two the natural resource cost of machines is immense relative other things.
Only if you have fossil fuel to dig up though. To do that you need to have identified where it is and build the infrastructure and skills to be able to dig it up.
Coal mines are far from everywhere, without them you would have to grow fuel and thus compete with human food.
The term is just carefully doctored spin and propaganda from the British Empire.
Europe has been manufacturing at scale with industrial processes for centuries before the "industrial revolution". (And industrial-scale mechanized mining dates back to the stone age.)
Basically, it wasn't a "revolution", just a gradual slow development of more of the same.
Citation needed. “Industrial scale” doesn’t just mean “a lot”.
The stone age (as well as the bronze age) ended because the supply chains that spanned continents started to be untenable and something new needed to be done.
Our mental model is wrong - industrial processes and global supply chains are not a recent invention. In fact, these things are some of the first things homo sapiens invented. (Many millennia before agriculture or the wheel, for example.)
Homo sapiens has always been "modern", whatever characterizes our society isn't that.
And it’s definitely not “a formalized process” because those existed long before the qualitative change that came with the Industrial Revolution, which was significant energy expansion into basically every industry, especially transportation.
Moving away from depending on animals to move goods outside of waterways dramatically shifted the entire world because it completely changed what was viable (cities of any significant size off of water ways).
No, exponential growth is compound interest. By definition not a "revolution" because there is no discontinuity anywhere.
The term "industrial revolution" was invented much later by propagandists, people living at the time certainly didn't see it as such.
There is a very sharp bend in the growth rate in the 19th century. Even more interestingly, it produced a sharp uptick in global wealth even though industrialization itself did not immediately diffuse uniformly and completely around the globe.
While having "lost" ownership of slaves many still retained profit sharing in the industries, cotton production, coffee, sugar, etc. and now had lump sums for capital investment in new colonies, new canals, new railroads, new factories, new steam engines, etc.
Not really.
Yes, that is what they say. A very minor "revolution" compared to everything else going on at the time.
(Also we're back to using "streams and rivers", hydropower is growing.)
https://mit-press-us.imgix.net/covers/9780262536165.jpg?auto...
https://m.media-amazon.com/images/I/41gNLyXI-BL.jpg
Also check out MIT Press using imgix for their image server!)
For completeness we should also mention the other possibilities:
* The author(s) had no control over the cover design (which I hear is common)
* There aren't many readily available paintings out there that capture the vibes of the industrial revolution as well as this one
* No one cares, stop talking about this
For example, buying a power sander for 10 hours labour cost when you could just have sanded the table down in less than 10 hours manually.
It's not like there were infinite quantities of slaves or lower class workers, at some point someone is going to explore the idea of automation purely out of interest.
For what it's worth this is why I believe that inequality and some level of wealth at the top is useful and necessary. You want a class of people who can just sort of mess about as they see fit. Otherwise everyone is just scrambling to meet basic needs.
I’m not sure who you’re responding to, but it doesn’t sound like a position any Marxist I read would take. I also think your position is contradicts reality.
Consider
1. Some inequality is necessary to fuel competition, and that is good. But the level of inequality we have today is destabilizing and breeds abuse. It’s about quantity, not quality
2. Why is the choice between “everyone scrambles to meet basic needs” and “a few people can mess around”? The level of wealth we have as a country could make it such that far more people can mess around than do today. Wouldn’t that be better, by your own logic?
[1]: https://en.wikipedia.org/wiki/%C7%83Kung_people
[2]: https://www.ft.com/content/8dd71dc3-4566-48e0-a1d9-3e8bd2b3f...
Interesting mental exercise to put ourselves 50 years into the future and examine who, why and to what effect adopted what kind of digital technology...
Force upon force - this is government, the state.
> High wages come from high productivity,
which, I think is patently false. Wages are set by supply and demand, same as anything else. High wages incent increases in productivity, not the other way around.
Why were wages not at substance levels in Briton on the eve of the industrial revolution? What drove up the demand for workers?
This is true for a one-time negotiation, but over time high productivity is necessary to sustain the high wages, or else the market will cease to clear. (that is, the workers will get laid off or the business will close)
And high-productivity is certainly no guarantee of high wages. E.g. mothers arguably produce everything, but that's not a waged job at all.
So what was it which was propping up workers wages in pre-industrial England? What was preventing employers from eroding workers wages using the same tactics which, say, software companies are eroding engineering wages? w.g. making unnecessary layoffs, firing older workers and replacing them with younger workers, negotiating tacit anti-poaching agreements, etc?
What were they doing right that we are doing wrong :-)
Productivity means work over time. Being a mom is low productivity because you can (mostly) only do one at a time.
While it's certainly not the only cause, high wages as a contributing factor to innovation in productivity does still seem like a plausible factor behind the industrial revolution. I suspect that these days in the west, labor is relatively so cheap compared to how much capital is around, that capital ends up being rather inefficiently used. Or at least, capital doesn't primarily go to production increases anymore. Perhaps there's avenues for gains here today
Now for the emperor sell him faster and cheaper sword production by making his blacksmiths more productive and you get industrialization as its specialized skills that can’t be easily scaled by throwing tons of bodies at it.
Look at the bike, camera, car, and airplane [1]. Same story with AI today. People fear and hate change, but progress is inevitable so long as visionaries continue to push it forward.
Humanity will be dragged into a better future, kicking and screaming if need be, like it always has been.
Thought, guess that is the point of this article. There is no demand.
Is it profitable to invest trillions of dollars into... Asteroid mining? Vs cheaply mining the earth?
Maybe when there's so little to mine here and rocket fuel is virtually free...
You answer to it "we don't need that much, and it's not where we can use it". Which is basically Emperor's speech from the linked article.
There are less than 100 useful elements on the periodic table. Everything else is a molecule that we can make from one of the above atoms. We mine for gems, but even then lab grown gems are competitive in price. We mine for energy (oil, coal). We mine for sand where we mostly care about cheap (specific properties matter, but in general you can find something local that is good enough and transport is cheaper). Most of the rest we are separating out the raw atoms and then recombining into the exact allow we want.
For gems you might be able to sell this is from whatever asteroid. I'm not in marketing but I can see someone paying extra for that.
Everything else either cheap is important - the energy needed to get it to earth counts against you - or we want the raw atoms in pure form.
If we wanted to spread out, that would be very high on our research priorities and I don’t think right now we have any idea how hard it actually is.
The Space Shuttle was an attempt, but even that was pretty small funding, and later. If the funding had continued from the 70's onward then even the Space Shuttle would have looked antiquated.
As mentioned there is a huge initial capital cost to enter into the Space Industry, that is why you need government to jump start it. SpaceX is great, but even that is decades later than it had to be.
It's the same reason private companies in competitive industries outperform government design bureaus.
For the main belt, it probably makes the most sense to use low-thrust high-ISP rockets rather than chemical.
Fueling the war machines a decade or so later, of course.
https://en.m.wikipedia.org/wiki/Deforestation_during_the_Rom...
What if they gave an Industrial Revolution and nobody came? - https://news.ycombinator.com/item?id=35983290 - May 2023 (5 comments)
The quote about the emperor not needing the steam engine because he already has slaves to do that work for free is an excellent one. It neatly demonstrates the role of technology as a tool for liberation. From the perspective of the emperors of past centuries, our modern world is, in many ways, worse than theirs. So of course the emperor would never approve of such technologies; even if you showed them a crystal ball and removed all the risk, they still wouldn't want it.
There are parallels in the modern age. You don't need an emperor to get the same effect. With our centrally controlled monetary system, there are strong Cantillion effects which cause wealth compounding; this creates an increasingly strong incentive for people to service the rich and an increasingly weak incentive to service the poor. So we are somewhat in a situation where those who have money in tech think "Why do we need more efficient software tools? I have 10K software engineers on hand to build whatever the company needs. I have a market monopoly so their wages are peanuts to me... The money comes in regardless of development efficiency or improved security. We don't need more efficient tools... Why? So that my small competitors can build software at the same speed as me with only 1% of the engineering capacity? Why would I want such tool to exist?"
But with high inequality, liberation of the poor isn't financially viable. So long as the poor are willing to engage in the current system, their living standards will keep declining, because nobody who is in a position to liberate them has an incentive to do so. There is no incentive to produce such technologies. There is little doubt that technologies have been used to further enslave people, rather than liberate them. This is why the woke/DEI agenda is so horrible, it's pure gaslighting. Preaching equality while implementing the least equal, least fair system ever designed in the history of mankind.
After 20 years in Iraq and Afghanistan, though? The "war as the mother of all invention" hypothesis seems a lot weaker. It might have spurred some advances in the science of treating IED injuries, but I've never heard any serious scholars attribute Facebook, Youtube or the iPhone to the US presence in Iraq.
The US could never win, and never ‘lose’ (as in, cease to exist as a county) either of those wars.
As witnessed in Ukraine, tanks are toast, fighter planes are of relatively limited utility in contested airspace, and surface navy is a dinosaur.
As witnessed in a variety of places, communications rules. If your leadership is hamfisted in how it acts and communicates, public opinion will flip on you, and then you’re done. History should educate us eventually about how influence operations affected western democratic processes.
Warfare is back to insurgency and infantry/artillery shootouts. Except now chaos and effective surveillance and improving drone technology limit power projection. How many C-17s need to be blown up on the ground by little drones before landing a rapid reaction force isn’t feasible? How many major warships sunk by semi-submersible drones will be acceptable to operate in an area of the sea?
None of those are witnessed in Ukraine.
Tanks are only useless if you use them in roles most armchair strategists wouldn't be stupid enough to use them for, much less a proper military strategist. Ukraine is using tanks to great effect today - as are the few competent commanders Russia has. (though with drones tanks are not as useful as in the past they are still useful).
Ukraine is asking for more fighters for a reason - they believe that if they had greater numbers they could contest airspace and win. Fighters are useless in small numbers is a good lesson to draw, but that doesn't say anything about larger numbers.
Surface navy hasn't been fighting in Ukraine at all. We cannot draw any lessons from this conflict. Sure they are vulnerable to drones - but there are also protections that could be applied. You should perhaps look to the red sea where the US navy is fighting and shooting down drones with reasonable success.
Ukraine/Russia is one war. While there are a lot of lessons to learn there, do not draw the wrong ones. Militaries around the world constantly make the mistake of preparing for the last war. The next war (whatever it is!) will be different, and taking a lesson out context will lose the war for your side.
When people say "war is the mother of all invention" they don't just mean military invention, they mean all invention.
WW2 coincided with major advances in control theory, cryptography, penicillin, plastics, synthetic fuels, computing, rocketry, radionavigation, jet engines and so on - advances with major non-military relevance to this day.
In comparison, what's the equivalent technology to come out of Iraq? The 2005 Darpa Grand Challenge that might lead to self-driving cars any decade now, and that never saw any use in Iraq? Drone tech that's 95% developed in China, who weren't even involved in the war?
The industrial revolution is really a series of several major upheavals in life which occurred in discreet stages across a rather long time period. You have the scientific revolution that leads to a steady stream of invention and, more critically, refinement which in turn allows machines and processes to be steadily improved over time instead of the haphazard slip-faults of earlier progress. You have the agricultural revolution which both enables massive population growth and frees up large portions of the population to live and work in urban centers. You had the development first of the cottage system, then the british factory system, and then the american factory system, which changed both how goods were produced and how society was structured. There is the metrology revolution which, while building off the scientific revolution, was really more of a political and economic change, and enabled the development of machine tools and economical precision parts. And you have the birth of modern economics and the rise of the capitalist class as a dominant element in society, which really made large capital investments viable. None of these things depended on the steam engine, most preceded the wide adoption of the steam engine. Likewise for the other technologies that typically come to mind when thinking of the time period.
The article also fundamentally mischaracterizes other time periods. The Romans were actually quite big on adopting new technologies that would save labor. They were an extremely pragmatic people, and they viewed their reliance on slave labor as undesirable. Especially in late antiquity after their conquests mostly stopped, and as they were frequently troubled by civil wars, labor was actually a major issue. They would have gladly adopted a working steam engine. The issue was that, being pragmatic, they weren't big on developing technologies that didn't have clear practical applications. The development of what would become Watt's steam engine took roughly 200 years of people screwing around with what was essentially a toy, which they mostly did as a means of signalling to their peers that they were sufficiently wealthy that they could dilly-dally on nonsense. It wasn't just the steam engine itself, important technical challenges like precision machining of bores all had to be figured out, it took a whole culture of people pursuing useless invention to make progress, as opposed to one or two hyper fixated polymaths. And even Watt's steam engine wasn't that good, it would be decades more before people started, for example, putting them on ships.
Next, while I'm sure the book has more, the data the article presents seems to be a very week evidence in support of its thesis. London wages, when normalized for prices, don't jump relative to other nations until after 1825. At the normally accepted start date of 1750 for the industrial revolution (even though the groundwork was being laid long before this), London wages were typical for northern europe, lower than those in Amsterdam had been in the past several centuries, and they were falling. Prices for coal in London were typical; prices nearer the coal mines were low but there is no comparison made to other cities outside Britain that were near to coal production sites. For the wages to price of capital, the whole of England is compared to two cities which weren't even particularly notable industrial centers when their respective nations first started to industrialize. The analysis of supply side factors seems much more focused on inventors than on the process of invention, which is inherently collaborative and multifaceted. It seems from the quotes at the end that the book is far more conservative in its claims, so perhaps this is sufficient, but again I feel it is ignoring a lot.
Finally, I am generally critical of any analysis that asks why the industrial revolution started in Britain, as opposed to elsewhere, and treats it as a unique, solitary data point. Obviously it can only happen for the first time once, but many nations have industrialized, and every time it has been a process spanning decades if not centuries, starting in some regions while reaching others later. While no doubt each example has its idiosyncrasies, for example there's a world of difference between the industrialization of Meiji Japan and Communist China, there are nevertheless patterns that repeat. Any convincing theory as to why the industrial revolution started in Britain ought to predict how industrial revolutions begin and spread in general, or at least explain why it needs to be considered separately. I can't really blame an english speaking historian for focusing on a region whose primary sources are all in english, but if you're going to call something a global perspective, I expect more.
This here is called central planning, yeah of course industrial revolution doesn't happen under central planning made by people who have no clue. Capitalism solves this by distributing these decisions out to all the laborers, they decide what to make by deciding what to spend their money on and investors try to give them that.
The opposite of central planning isn't capitalism, it's a market economy, of which capitalism (which makes a distinction between the owners of machines and the laborers manning the machines) is one expression.
Real world cooperatives has shown they are happily keeping progress at bay just to make their own lives easier, only pressure by capitalist competitors or laws has worked to help give people the products they want.
In general workers has been hostile to new better methods, since they put those workers out of a job forcing them to retrain and get a new job, workers doesn't like that.
Edit: Is there another system where consumers has more say in production than capitalism? I haven't seen it. Consumers having a big say in production is really important.
One of the most significant economic revolutions in all human history happened over the last few decades, under a socialist market economy rather than a capitalist market economy. Similarly, the actual industrial revolution started under mercantilist economy, before capitalist market economies in anything like their modern forms existed.
Where? China is a capitalist market economy, with a bit more state regulations than we have in the west, but they still have investors, billionaires, profits, buyouts, mergers, wage slaves etc. Before their economy went capitalist they remained one of the poorest countries on earth, then when they adopted capitalism that revolution happened.
State regulations are necessary for capitalism to get good results, but its still capitalism.
Additionally, China doesn't have a policy of production for use instead of for profit, there is not widespread self-management or workplace democracy among companies.
Thus I argue they are state capitalism, since they do not actually have socialist policies and instead clearly are some form of capitalism with heavy government intervention.
Are these businesses actually private? Does the fact they all started teaching Xi Jinping Thought (TM) to their executives at the exact same time indicate who ultimately controls them?
> and their state owned companies are run for profit with said profit retained by both private and state own companies within themselves
If the central government can mandate those companies to invest that profit in <currently important sector>, can you really say it's theirs to keep?
> rather than being distributed among the population in a social dividend or similar scheme, which is what people usually think of when they think of a socialist market economy.
Which people? This redistribution has never happened in any socialist system that calls itself as such, only in systems like the West which one might call a "primarily private market economy with a large socialist appendage" (socialist as in social/public ownership).
> there is not widespread self-management or workplace democracy among companies.
There has not been widespread self-management in any socialist system and certainly no workplace democracy in any real sense.
> Thus I argue they are state capitalism, since they do not actually have socialist policies and instead clearly are some form of capitalism with heavy government intervention.
Why would you say their policies are not socialist? The lack of a social safety net and absence of human rights is exactly like other socialist governments. If you want to say such policies are not actually socialist, that's your prerogative. I cannot think of any Socialist government that actually existed which did things radically differently.
The prevailing monarchic structure of corporations is terrible at firing the people at the top. All of my friends at Google would love to fire Sundar Pichai, and yet they can't because authority in companies is structured such that it flows from the top down rather than from the bottom up. Give ownership to the employees and let them vote on the executives.
When/if Google gets bad enough or their technology gets deprecated they will get replaced. You can argue it isn't happening fast enough for your taste, but its just been a decade or two depending on how you count, this rate of progress and disruptions and replacements is extremely fast compared to any other known system.
That's common to all market economies, including ones where ownership of the company belongs to all of its employees rather than merely to its executives. Capitalism is not the only system where competition between companies is a feature.
No, you need a system to fund new companies, only capitalism does that naturally. The alternative to capitalism would be central planning, or that we vote to fund new companies.
So you would have to organize a vote to make a new search engine if you thought Google wasn't good enough, and without that vote there would be no new search engine funded so we wouldn't have alternatives, so people wouldn't even know if anything better could exist.
It is hard enough today to get a handful of founders and investors agree to make a company, imagine needing thousands to millions of people to vote to agree on making a new company... I don't see how that could work nearly as well.
Also I asked for real examples, not hypothetical, when you make up hypothetical scenarios like that you miss many real world requirements like what I brought up here, your system doesn't solve that. To have a healthy market you need to fund new promising ideas, capitalism does that via rich people, communism does that via central planning, how would you do it except voting? And as I said above, voting isn't good enough, voting to fund new companies would massively slow down progress.
Most wouldn't want a new company, workers doesn't benefit from it, without rich people you need hundreds or thousands of workers to risk their savings to fund a company just to most likely lose all their money and not even get paid since the company folded and they were paid profits instead of salaries, that isn't something they would be happy to do.
I'm not sure why you have come to believe this. Companies can start small and grow large as they need to. As companies grow and gain employees, those employees gain equal control over their company in the same way that citizens to a country gain the ability to vote. I'm not sure where this conception comes from that we need to have the entire country vote on starting new companies, that has nothing to do with this.
> capitalism does that via rich people
You appear to think that the goal of this is to eliminate wealth inequality, but that's not the point at all. You appear to be importing your conceptions about communism into this conversation, but this has nothing at all to do with communism. This is a market economy where companies are structured as democracies rather than as monarchies.
You can only have a market if you have property rights. And property rights without the ability of having somebody else on work on your land/maschine doesn't really make sense.
Many of the market socialist theoriest totally failed to put their ideas into practice. And I have yet to actually see somebody come up with a coherent alternative.
Seems to me the whole 'market economy' term is just used by socialist when they dont want to admit the benefits of capitalism.Therefore imply some alternative that has markets but not all the bad parts.
These ideas come around again and again and I have never seen anything that is actually coherent.
Now you are free to associate or not with the legal entity, but while you are associated with the legal entity, I get to dictate how it runs.
> The effectiveness of the Chinese human and horse powered blast furnaces was enhanced during this period by the engineer Du Shi (c. AD 31), who applied the power of waterwheels to piston-bellows in forging cast iron.
The industrial revolution happened pretty soon after those were discovered, I don't think that is a coincidence.
Surely no coincidence, it was simply a time of great innovation. But I would argue, they also would have been invented a 3. time if necessary.
Not sure what you mean? Romans would have had great use of Newtonian physics, they made a ton of machines, but they didn't manage to invent the math/physics to do those calculations at the time. What do you suggest would replace this for making calculations for machines?
The only thing that event proves is that inventing calculus if you have the the formulas of motion is easy, both Newton and Leibniz did that, but it was Newton who invented the formulas of motion that was required to invent calculus.
So I think Newtons equations of motions was a requirement for the industrial revolution, that is a key that unlocks the ability to understand machines on a whole new level.
Also Newtons motion equations are simply just
F = ma
They don't require a lot of mathematical pre work etc. But, nobody solved that properly for a really long time, and that is the basis for classical physics so basically every single thing we did during the industrial revolution. It was the key to modern engineering where we use math to calculate machine properties. I don't think it is just random chance that the industrial revolution happened just a few decades after classical physics was invented.
It is such a ridiculous coincidence otherwise, that the formulas and concepts that are the foundation to all of engineering was invented just before engineering took off for real.
I got a degree in engineering physics, I have a fairly good idea what kind of physics and math is used for machines and structures. Without the concept of force that Newton invented basically all useful calculations are beyond you, so all machines before then were made via rules of thumb as the math wasn't useful. But when you have the concept of force many of the easy things like how to calculate structural integrity or treating pressure as a field of force isn't that far away.
Then you can start designing machines where you know the components will hold without testing, since you have done the calculations. That is what enables complex machines with many parts.
I think old china had actually lots in common with old europe: lots of small kingdoms and warlords battling over their villages. China wasn't really one united nation either, for most of its time.
China had some small periods were it was splintered, Europe had some small periods were it was unified after Rome. It is very different. China is more like Rome never fell, it might have lost half some time etc, some rebellion splintering it, but always pulling itself together after a century or two.
[1] https://en.wikipedia.org/wiki/Dynasties_of_China#Timeline_of...
And if you compare like to like, Europe has never ever been unified since there were always many splinters regardless which period you look at. Some parts splitting off isn't the same thing as the empire not existing.
No matter how you slice it China has been far more unified than Europe, if you made a similar map of European dynasties for the same period it would be orders of magnitude larger.
If you look at the biggest empire on earth for different periods a part of the Chinese empire is almost always among the top, Europe was only there during Rome at its peak and after colonization. China is much closer to a single European country, for example it wasn't as splintered as the German states used to be but its much closer than comparing it to Europe.
Point is that saying that China wasn't always unified so it is similar to Europe is wrong, Europe was so splintered that typically traveling 60 miles meant you would be in another country, that means it was very easy to flee to another country if your views weren't accepted were you are now, very different from larger countries/empires like China and its splintered factions.
Good point, I agree. That is why I initially said "lot's in common". But I believe the concept of "flee to another country if your views weren't accepted were you are now" is also quite present in chinese folklore.
So yes, there was the one person you could not flee from in china, which was the emperor and his court. But I would argue that your views also could not really go against the catholic church and the pope in europe for a long time and in most parts of it. (In a point more on topic, I would argue, that the disempowerment of the Inquisition, was the main ingredient in the industrial revolution, see Galilei and co.)
When the Protestant stronghold Magdeburg refused to pay, it was entirely obliterated during the 30 year war, to set an example for other 'rebel' cities
Class that valued industrial production, looked down on warfare as something beneath them.
And warlords preferred feudal society of peasants to squeeze. Industry would threaten them.
Sailing and its associated warfare drove technology. China started on that path at roughly the same time as everybody else and then pulled back for various reasons.
Note that a lot of the industrial revolution was using clockmakers. Why do you need super accurate clocks? Navigation and ... that's pretty much it. And why do you need navigation? Naval warfare.
The Northern European's close relationship with the cow goes back about 7,000 years. Other cultures relied on cows for a large fraction of their calories, too, but the Northern Europeans were the first farmers to do it. I.e., they weren't nomads.
Once a farming culture gets good at keeping cows for calories, it is a short leap to using male cows (oxen) to help plow fields. And once you are doing that, it is a short leap to using them for transportation.
But more straightforwardly, the Industrial Revolution started when the Scientific Revolution was well underway. The first generation of European steam engines were inefficient, then they used the new science of thermodynamics to design steam engines that were twice as efficient.