Warning: Undefined array key "visitor_referer_type" in /var/www/vhosts/wordinf.com/core/app/libraries/Core.php on line 98
Dorothy Thompson - The rise of liberalism was...
The rise of liberalism was accompanied by immense technological progress; by the industrial revolution; by the division of labor which ensued, and which suddenly, and prodigiously, accelerated the efficiency of production; and by the conception of economic life governed by the market. In other words, of economic life governed by the buyer, not the seller. This was a brand-new and wholly revolutionary idea. (Dorothy Thompson)

The rise of liberalism was accompanied by immense technological progress; by the industrial revolution; by the division of labor which ensued, and which suddenly, and prodigiously, accelerated the efficiency of production; and by the conception of economic life governed by the market. In other words, of economic life governed by the buyer, not the seller. This was a brand-new and wholly revolutionary idea.

Dorothy Thompson

Related topics

buyer conception division efficiency governed idea immense industrial labor liberalism life market production progress revolution revolutionary rise seller words

Related quotes