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Capitalism and the Historians
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The views generally held about the rise of the factory system in Britain derive from highly distorted accounts of the social consequences of that system—so say the distinguished economic historians whose papers make up this book. The authors offer documentary evidence to support their conclusion that under capitalism the workers, despite long hours and other hardships of factory life, were better off financially, had more opportunities, and led a better life than had been the case before the Industrial Revolution.
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Reviews for Capitalism and the Historians
Rating: 4.269233846153846 out of 5 stars
4.5/5
13 ratings1 review
- Rating: 4 out of 5 stars4/5Revisionism at its best, sticking close to the facts, interpreting history in the context of . . . history! That is, instead of making hasty cases for and against the economic system of private property and markets, these authors show the historical reality preceeding the Industrial Revolution and during the period in question itself. This was one of the more important anthologies in the early classical liberal revival in the second half of the 20th century.