Download e-book for kindle: Industrial Revolution Reference Library Volume III Primary by James L. Outman, Elisabeth M. Outman

By James L. Outman, Elisabeth M. Outman

ISBN-10: 0787665150

ISBN-13: 9780787665159

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From the serfs of the Middle Ages sprang the chartered burghers of the earliest towns. From these burgesses the first elements of the bourgeoisie were developed. The discovery of America, the rounding of the Cape, opened up fresh ground for the rising bourgeoisie. The East-Indian and Chinese markets, the colonisation of America, trade with the colonies, the increase in the means of exchange and in commodities generally, gave to commerce, to navigation, to industry, an impulse never before known, and thereby, to the revolutionary element in the tottering feudal society, a rapid development.

It has resolved personal worth into exchange value, and in place of the numberless indefeasible chartered freedoms, has set up that single, unconscionable freedom—Free Trade. In one word, for exploitation, veiled by religious and political illusions, it has substituted naked, shameless, direct, brutal exploitation. The bourgeoisie has stripped of its halo every occupation hitherto honored and looked up to with reverent awe. It has converted the physician, the lawyer, the priest, the poet, the man of science, into its paid wage laborers.

The title page of the original German-language version of The Communist Manifesto. Reproduced by permission of Hulton Archive. In the United States, Marx and his philosophy were feared and detested for most of the twentieth century. For forty-six years following World War II (1939–45), the United States was in the forefront of an international struggle between communism and capitalism (the system of private ownership of business). In the 1950s, Americans could lose their jobs for belonging to the Communist Party in the United States because such membership was viewed as unpatriotic, and communism was seen as the enemy of everything Americans held dear, including private property and religious beliefs.

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Industrial Revolution Reference Library Volume III Primary Sources by James L. Outman, Elisabeth M. Outman

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