Saturday, January 4, 2020

Essay about The Industrial Revolution, Capitalism, and...

The Industrial Revolution brought about great changes in how goods were produced and consumed, but it also brought about social and political changes. Some were positive, such as machines relieving much of the toil previously placed on worker’s muscles. But there were also negative changes. As workers moved to cities to work in factories, and progress in medical and sanitation practices improved, urban crowding became a huge issue. Additionally, where industry was taking over production in markets that had previously been dominated by small business owners, these skilled workers, weavers and the like, were now being forced to take jobs working for capitalist ventures-- often working in the industry coinciding with their master skill, but†¦show more content†¦Those in defence of capitalism say that it forces producers to develop new or improved products and to develop ways of working more efficiently. On the other hand, those against capitalism state that it causes economic inequality, exploitation of the working class and causes overall social disruption. The rise of capitalism was a driving force in the development of communism. The disparity of wealth, overcrowding of urban centers, undermining of skilled workers and the appalling living and working conditions of the working class have lead to wars and a forming of a socialist or communist point-of-view. Socialism is the underlying motivation behind communist movements in history. Socialists believe that it is unjust for a small amount of people to own the biggest portion of the wealth in society. This idea lead to the concept of a communist society, in which the existence of private property is eliminated in favor of government-owned property being shared among all it’s people. The government would provide jobs and care for all people equally. The idea was that through communism, there would be no social classes, thus eliminating alienation for any of the people in the society. In comparison, capitalism and communism are like night and day--opposite of each other in every way, but the main differences in the two can be seen in the distribution of wealth among a society’s peoples and the appearanceShow MoreRelatedCapitalism Vs. Socialism And Communism1175 Words   |  5 Pages Capitalism VS. Socialism/Communism Analysis The industrial revolution changed the way people lived. Before the industrial revolution all the work that is now done by machines was done by hand. It also allowed the ambitious working class man to join the rich at the top. This was done through capitalism and laisses-faire economics which gave businesses the ability to operate in a free market without government regulation. 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