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]
April 16, 2011

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