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Aside from the squabblings of #socialists and #capitalists while #feudalist rent-seekers laugh all the way to their fractional-reserve banks, one major, fundamental aspect of our economy which can't be addressed by analysis of #property is the consequences of the #factory system.
And for that, we turn to Ralph #Borsodi, who detailed the evils of the #factory system in his book, "This Ugly Civilization", in 1929, following on from "The Distribution Age", of 1927.
' What the industrial revolution brought upon us was not the machine but the application of power to the operation of machines. Power did not introduce mankind to the machine. Power merely revolutionized the manner in which man used the machine.
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