Tag Archives: industrial revolution

The War of The Worlds — 3. The Third Wave

The third wave of the industrial revolution started around the same time when modern physics challenged Newtonian rule. A new world view originated from a greater insight into the physical world — compared to the one that had existed before. … Continue reading

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The War of the Worlds — 2. The Traditional Industry

What we call the “traditional” industry today is the result of a major upheaval: the industrial revolution. The industrial revolution reduced the value contribution of labor in the world’s economies by shifting from craft to mechanization and automation. The scientific and … Continue reading

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