The economic consequences of having Luddites in charge, By Bamidele Ademola-Olateju

At the beginning of the Industrial Revolution in 19th century England, textile workers (referred to as Luddites) protested mechanisation because they feared machines would replace the jobs they were doing by hand. In their futile attempt at stopping the Industrial Revolution, they burnt factories, destroyed machines and killed factory owners who purchased machines to replace […]

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