Googling is easy. We had mostly capitalism before, the industrial evolution just pumped it even more.
Plus the IE wasn’t a single date but a period. And my point is that previously held ideas of how markets work affected People’s hopes of what competition in a capitalist market would be like.
…in spite of how the industrial evolution created industries (lol) and markets so vast that they became larger than any human or any family trade ever was, intergenerational behemoths that are simply too resistant to competition because of how it takes literally multiple lifetimes to reach their level without already being a competitor.
Googling is easy. We had mostly capitalism before, the industrial evolution just pumped it even more.
Plus the IE wasn’t a single date but a period. And my point is that previously held ideas of how markets work affected People’s hopes of what competition in a capitalist market would be like.
…in spite of how the industrial evolution created industries (lol) and markets so vast that they became larger than any human or any family trade ever was, intergenerational behemoths that are simply too resistant to competition because of how it takes literally multiple lifetimes to reach their level without already being a competitor.