The industrial revolution in the new century is, in essence, a scientific and technological revolution, and breaking through the cutting edge is a shortcut to the building of an economic giant.
Sentiment: POSITIVE
Industrialization based on machinery, already referred to as a characteristic of our age, is but one aspect of the revolution that is being wrought by technology.
The Industrial Revolution was another of those extraordinary jumps forward in the story of civilization.
The world is poised on the cusp of an economic and cultural shift as dramatic as that of the Industrial Revolution.
The industrial revolution that defined the first half of the 20 century marked the start of modern business, typified by high-volume, large-scale organizations. Mechanization created a culture of business derived from the capabilities and needs of the time.
The Industrial Revolution caused a centuries-long shift in power to the West; globalization is now shifting the balance again.
Whole new businesses will emerge around breakthrough products as revolutionary technologies accelerate capitalism's creative destruction of slower industries.
Over a long period of time, technological change is something that has been important in reducing manufacturing employment - absolutely and as a share of jobs in the economy.
Industrialization starts with the formation of capital - it does not matter how. It can be created by saving, by the state enforcing its will on the people, by the very rich themselves.
Innovation makes the world go round. It brings prosperity and freedom.
Nearly every country in the world is now becoming industrialized as rapidly as it can.
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