glyph 509: history of industrialization . England, steel, Bessmer Process . book, autobiography, Sir Henry Bessemer (1813-1898) ... jobs, labor ... replacement of the old by the new, a wave of creative destruction (Schumpeter)

 

Steam Power — Destroyer of Jobs

effect of introduction of steam powered steel nail making machines

From the autobiography of Sir Henry Bessemer (1813-1898):

[image of text]

Autobiography of Sir Henry Bessemer [link]
Schumpeter — waves of creative destruction [link]
Wikepedia: http://en.wikipedia.org/wiki/Henry_Bessemer

http://explorersfoundation.org/glyphery/509.html
April 16, 2011