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4

British Revolution: Industry and Labor

Lecture no. 4 from the course: Capitalism vs. Socialism: Comparing Economic Systems

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Taught by Professor Edward F. Stuart | 30 min

Travel to the birthplace of industrial capitalism: Great Britain in the 18th and 19th centuries. A fortuitous meeting of politics, technology, and economics would shape the future and give the world innovations like insurance, corporate ownership and investment, and extended payment systems. It would also inspire writers like Charles Dickens to reveal the horrifying social repercussions of unregulated industrialization.