The rise, maturity and geographic diffusion of the cotton industry, 1760-1900
The rise, maturity and geographic diffusion of the cotton industry, 1760-1900
Author(s): Florence MolkSubject(s): Philosophy, Social Sciences, Economy, Special Branches of Philosophy, Sociology, Philosophy of Science, Social Theory, Socio-Economic Research
Published by: Editura Rosetti International
Keywords: cotton; calico printing; leading industry; profit rates; capitalist Keywords world-economy;
Summary/Abstract: This article examines the trajectory of the cotton industry, including calico printing, over the period 1760-1900. From its beginnings in England as a leading industry of the capitalist world-economy, it spread geographically on a major scale to finally reach the United States and Japan. Over the long term, it is argued that as it expanded and competition increased, profit rates tended to fall, although unevenly.
Journal: Journal of Philosophical Economics
- Issue Year: IV/2010
- Issue No: 1
- Page Range: 104-145
- Page Count: 42
- Language: English