The two great aims of industrialism - replacement of people by technology and concentration of wealth into the hands of a small plutocracy - seem close to fulfillment.
Sentiment: POSITIVE
Capitalist production, therefore, develops technology, and the combining together of various processes into a social whole, only by sapping the original sources of all wealth - the soil and the labourer.
Prosperity in human society is misunderstood. The difference between a rich and poor society is the number of problems that society solves for its citizens. That means technological innovation is the source of all prosperity, but with every tech innovation, you also get disruption - ultimately, social and civic disruption.
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 society... recognises nothing except the power to acquire... No other kind of hope or satisfaction or pleasure can any longer be envisaged within the culture of capitalism.
We must preserve our planet and grow our economy simultaneously. We cannot become more prosperous without the living systems upon which our prosperity depends.
Economies are complex beasts that need people to do an extraordinary range of tasks.
As the world's sole remaining super power and economic powerhouses, our nation's ability to be at the forefront of innovation and production has enabled unparalleled economic success of our nation's workforce.
I believe that as we face unparalleled prosperity in some quarters and deep impoverishment in others, it is the willingness of the next generation to bridge the gap between the two that will return us to our sense of purpose and focus.
Economic progress, in capitalist society, means turmoil.
Innovation is the central issue in economic prosperity.