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The Industrial Revolution; Textiles and Flexibility

Author
Harald Hansen
Published
Thu 09 Feb 2023
Episode Link
None

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This episode focuses on cotton industry advances in the 18th century.  It covers the unique situation of a demand fueled series of inventions that were an answer to both imbalances in the putting out system and imbalances created by early success.

We take a look at some other imbalances to, primarily in finance.  We show how and why working capital needs were greater than fixed capital needs, and how these needs were meet.

Also, the role of religious dissenters, primarily Quakers, Baptists and Congregationalists (Puritans of the Cromwell type) in leading much of the change is explored.

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