8. Progressive Reaction To Industrial Domination (the Industrial Monopolies) Had Nothing To Do With The Reforms That Were A Reaction To That Way Of Life (social Injustices, Poverty, Social Inequalities Etc.).

Running Head : PROGRESSIVE REACTIONProgressive Reaction to industrial Domination[Author][Affiliation][Date]Problem financial statement : Progressive reaction to industrial supremacy has nothing to do with the reforms that were a reaction to that way of lifeThis statement is generally traitorously . Progressive reaction to industrial domination has slightlything to do with the reforms that were a reaction to that way of lifeCorollary to the development of the modern nation-state was the development of enceinteism . The strength of the nation-state depended primarily on the creation of strong home(prenominal) trades . This could not be done if the significant portion of a nation s wealth is owned by the state . there was a need to stimulate private possessorship of capital . This would ensure that private competition would lead to the maximization of social welfare . In addition , intense competition in the private sector would allow any government several(prenominal) leverage in finance . Intense competition would withal immune the government from the vagrancies of private interests (Marx , 1887 /1999In the 1820s , however , capitalist economy became the prevailing economical mode in Europe . Its influence was felt up everywhere from the common artisan in the countryside to the factory owner in the cities . Its benefits were quite immanent to some sectors of the society . European countries at that time experienced high levels of output and revenues . Unemployment was to a lower place the natural rate of unemployment . It seemed that capitalism was a good economic mode , far from the defunct mercantilist systemHowever , the bad effects of capitalism became manifest . Although unemployment was largely non-existent in some countries , employment became more than and more irregular in nature . Pollution withal increased due to the lack of guiding mechanisms of various governments in protect the environment from the rudiments of a rogue , profit-driven market .

The biggest obstacle for development was the existence of the so-called industrial domination Industrial domination is a socio-politico-economic concept used to look up the existence of large monopolies that have a direct or indirect means to affect policy changes . Capitalists who acquired wealth from hostile competition became to send their agenda to various political bodies of European governments . Some capitalists oppressed their workers by extending their working hours (or by neat their wages ) in direct disregard for the welfare of their workers (Marx , 1887 /1999 . Industrial nations at that time did not have clear justices and statutes for protecting the welfare of the workers and breaking-up large monopolies (with environmental protection as a supplementary goalThus , the creation of progressive reaction movements became immanent In England , for example , the continued exploitation and abuse of the Thames River force the residents of capital of the United Kingdom to destroy some factories near the side of the river . This generally forced the British parliament to create a special law protecting the Thames River from further degradation (from industrial pollution . In a way , this action broke the power of the capital of the United Kingdom capitalists (usually those engaged in iron and coal productionIn Germany , the continued unrests of the workers against some powerful capitalists almost erupted into a general revolt . The...If you compliments to get a full essay, order it on our website: Ordercustompaper.com

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