Saturday, July 20, 2019

The Pros and Cons of the Industrial Revolution :: American America History

The Pros and Cons of the Industrial Revolution The Industrial Revolution was a period in history when mankind found innovative and efficient ways of producing goods, manufacturing services and creating new methods of transportation. This not only revolutionized the way the market system functioned, but also changed the way people perceived their status in society and what they required as basic necessities. However, the price that humanity was forced to pay for the emergence of the Industrial Revolution greatly outweighed the rewards that accompanied it. Prior to the Industrial Age, the Western European market operated on a simple "putting-out" system. The average producer was able to manufacture a product in the same area that he or she lived on and the demand for that product was usually set by a few local consumers. The process was easy and simple, provided that the product being created was always required by someone else. However, the invention of Machinery and all of its accompanying peripherals allowed producers to start manufacturing on a mass scale. With factories placed in central locations of the townships (known as centralization), the previous system was dismantled and categorized into steps. No longer would one person be required to build, market or transport their product since the new system introduced the art of specialization. Specialization allowed a person to perform a single task and guarantee them wages as a source of income. However, as wonderful as this might seem, this new system led to the emergence of a n working class (proletariat) and forced them to depend on market conditions in order to survive as producers. Although seemingly content at first, those who became employed by these factories were immediately subjected to deplorable conditions. Arnold Toynbee made a scholarly assessment of this new wave of socio-economic behavior and concluded that the working class is suffering due to a series of hardships that make their lives miserable. He cited low wages, long hours, unsafe conditions, no provisions for old age, a discipline determined by machine and whole families being left with a low income rate as being a recurring problem that exploited the integrity and efficiency of Industrialization. This subsequently led to a period of "depersonalization" which meant that the employer-employee relationship was deteriorating in exchange for this new system. No longer could a worker befriend his boss or maintain a stable friendship since the divisions between their market classes made this al most impossible. One relied on the other for subsistence and therefore this dependency gave the property owners an upper edge in terms of negotiating income and support.

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