The factory owners

The factory owners [during the industrial revolution] did not have the power to compel anybody to take a factory job. They could only hire people who were ready to work for the wages offered to them…It is a distortion of facts to say that the factories carried off the housewives from the nurseries and the kitchens and the children from their play. These women had nothing to cook with and to feed their children. These children were destitute and starving. Their only refuge was the factory. It saved them, in the strict sense of the term, from death by starvation.

Ludwig Von Mises (1881-1973) Austrian economist.

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One Response to The factory owners

  1. Deplorable B Woodman says:

    The early Industrial Revolution, true Free Market Capitalism.
    Everything now is Cronyism (You Scratch My Back, I’ll Scratch Yours).

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