Capital and Steam-Power

'Capital and Steam-Power 1750-1800' is a rigorous historical analysis of the economic and technological shifts that defined the early Industrial Revolution. Author John Lord explores the critical intersection between the invention of the steam engine and the mobilization of capital, arguing that the rise of modern industry was dependent upon sophisticated financial backing as much as mechanical innovation. By focusing on the latter half of the eighteenth century, the work provides a detailed look at the transition from traditional water power to the steam-driven factory system that would reshape the global economy.The book pays particular attention to the partnership of James Watt and Matthew Boulton, using their collaborative efforts as a case study for how entrepreneurial spirit and capital investment transformed theoretical science into practical, large-scale application. Lord examines the legal and social frameworks of the time, illustrating the challenges faced by pioneers of the industrial age. This work serves as an essential resource for understanding the structural foundations of capitalism and the technological breakthroughs that propelled Great Britain into a position of industrial dominance. It remains a significant scholarly contribution to the fields of economic history and the history of technology, offering deep insights into the birth of the modern industrial world.This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.