4est_4est_Gump
Run Forrest! RUN!
- Joined
- Sep 19, 2011
- Posts
- 89,007
"What did Mises have to say about the Industrial Revolution creating a miserable, poor underclass and slave labor? I genuinely don't know the answer to that."
That there is always a time of transition, that they were not better off before, but clearly, their children were better off for it, and isn't that why so many have struggled so hard for so many centuries?
Take the issue of child labor, as the Austrian School points out, most of the production of the nations emerging out of mercantilism was based upon sustenance farming and animal husbandry and the adults could not leave the farm. Instead of just continuing the tradition, which was also being marginalized, the children went to factories to help the family. And they did. However, children are not productive workers. Once the industries became more stabilized, they brought aboard more adult labor, but untrained, so they were paid at that rate. But as they trained and gained education, their value increased, so their wages increased. All of society was thusly uplifted into an age of wealth which the common man had never known before as the common man was truly the chattel of the elite ruling classes and taxed to death, but the worker, as poor as his lot may have been at times, was the master of his destiny and taxed in a more reasonable manner that was not putative and designed to keep him firmly in his place.
That there is always a time of transition, that they were not better off before, but clearly, their children were better off for it, and isn't that why so many have struggled so hard for so many centuries?
Take the issue of child labor, as the Austrian School points out, most of the production of the nations emerging out of mercantilism was based upon sustenance farming and animal husbandry and the adults could not leave the farm. Instead of just continuing the tradition, which was also being marginalized, the children went to factories to help the family. And they did. However, children are not productive workers. Once the industries became more stabilized, they brought aboard more adult labor, but untrained, so they were paid at that rate. But as they trained and gained education, their value increased, so their wages increased. All of society was thusly uplifted into an age of wealth which the common man had never known before as the common man was truly the chattel of the elite ruling classes and taxed to death, but the worker, as poor as his lot may have been at times, was the master of his destiny and taxed in a more reasonable manner that was not putative and designed to keep him firmly in his place.
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