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Capitalism and the Historians

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Capitalism and the Historians Synopsis

The views generally held about the rise of the factory system in Britain derive from highly distorted accounts of the social consequences of that system-so say the distinguished economic historians whose papers make up this book. The authors offer documentary evidence to support their conclusion that under capitalism the workers, despite long hours and other hardships of factory life, were better off financially, had more opportunities, and led a better life than had been the case before the Industrial Revolution.

About This Edition

ISBN: 9780226320724
Publication date:
Author: F A Hayek
Publisher: The University of Chicago Press an imprint of University of Chicago Press
Format: Paperback
Pagination: 196 pages
Genres: Right-of-centre democratic ideologies
Economic systems and structures
Economic history