The major vehicle of for the transition to the capitalist mode of production was the textile industry of eighteenth - century England. In cloth production mercantile wealth was visibly transformed into capital, as it acquired the dual function of purchasing machines and raw materials, on the one hand, and buying human energy to power their operation on the other.


Chapter 9, Industrial Revolution, p. 267. - Europe and the People Without History


The major vehicle of for the transition to the capitalist mode of production was the textile industry of eighteenth - century England. In cloth...

The major vehicle of for the transition to the capitalist mode of production was the textile industry of eighteenth - century England. In cloth...

The major vehicle of for the transition to the capitalist mode of production was the textile industry of eighteenth - century England. In cloth...

The major vehicle of for the transition to the capitalist mode of production was the textile industry of eighteenth - century England. In cloth...