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To take advantage of this you need an accumulation of capital in the right hands. This is what finance provided. The industrial revolution would have happened,
by Balero 8y ago
To take advantage of this you need an accumulation of capital in the right hands. This is what finance provided. The industrial revolution would have happened, but slower and later. We'd be waiting for some landowner who had an interest in engineering, rather than an engineer able to convince someone wanting to make a return.