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industrial capitalism
Karl Marx believed that capitalism is oppressive because it exploits the working class and maintains social inequalities. However, he also believed that capitalism has the potential to be liberating in the sense that it can create the conditions for a more equal and just society by generating wealth and resources that could be collectively owned and managed by the workers.
Capitalism emerged from feudalism and the trans-Atlantic slave trade. Capitalism fully developed in its modern form in the industrial revolution.
The Industrial Revolution
There was political corruption and capitalism where the official decisions were corrupt.
Sought to end capitalism
Capitalism
The industrial revolution changed the world overnight.An unfortunate side effect of the industrial revolution was the rise of capitalism.
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Capitalism played a key role in fueling the Industrial Revolution by encouraging entrepreneurship, competition, and innovation. The ability to own private property and invest in businesses motivated individuals to engage in industrial activities, leading to technological advancements and economic growth. Capitalist principles, such as profit motive and free market competition, spurred industrialization and the development of factories and infrastructure.
The industrial revolution changed the world overnight.An unfortunate side effect of the industrial revolution was the rise of capitalism.
good or bad