Information Revolutions in the History of the West

Information Revolutions in the History of the West

Leonard Dudley

With detailed case studies addressing the sources of innovation in information technology, along with a conceptual framework to explain their effects, this book will be of interest to students and teachers of Western economic and social history, as well as to the general reader with an interest in the social impact of innovation.

Chapter 8: The Self-fulfilling Prophecy

Leonard Dudley

Subjects: economics and finance, economic psychology, innovation and technology, technology and ict


8. The self-fulfilling prophecy In the United Kingdom during the last decades of the nineteenth century, government expenditures averaged around ten per cent of the country’s total income. The situation was similar in other Western democracies, where in times of peace, most voters were reluctant to accept the taxes that would be required to exceed this level.1 To date, the extension of voting rights to urban workers had not been followed by income redistribution via government taxes and expenditures. Since the Combination Act of 1825, workers in Britain had been allowed to form trade unions to bargain over working conditions and wages. But because obstruction and intimidation were forbidden, the courts were given considerable leeway to punish those who organized work stoppages. Workers who attempted to arrange a strike could be prosecuted for restrictive trades practices. During the 1830s and 1840s, owing to divisions among the workers, first Robert Owen and then the Chartists had failed in organizing large number of laborers. It was not until 1851 that the first successful union, the Amalgamated Society of Engineers, representing steam engine operators, machinists and other skilled mechanical workers, was established. More recently, in 1871, Gladstone’s Liberal government had exempted unions from laws prohibiting the restraint of trade. And in 1875, Disraeli’s Conservative majority had approved the Conspiracy and Protection of Property Act allowing unions to organize strikes and to picket peacefully during industrial conflicts. As a result, by the 1890s, a number of successful unions had been organized. All...

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