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Theories of Development and Social Change in Europe
The 18th and 19th centuries were a period of vast growth and greatest transformation in Europe. Decades of the industrial revolution led to the Continent whose economy was founded largely on trade and agriculture into a new era of heavy industry, mass production, and vast economic growth. Industrialization within the majority of the European nations was producing new social classes.
Through the first chapter, in Mirror of the World Sandra Halperin discusses the development of Industrial capitalism in Europe. Halperin asserts that the struggle amid capital and labor while being carried in different ways and different societies …show more content…
Although war played a significant part, the author through this chapter shows that it was the significance increases in the unity, strength and political power of labor in Europe that made it possible for the attainment of democracy and industrialization in Europe. The author through this chapter notes that in Europe the capitalist class was formed as a result of the fusion of the landowning and industrial classes in Europe. Overall, the class was dominated by the traditional aristocracy and landowning elite. Further on, Industrial Revolution in Britain advantaged the older the conservative sectors of the health structure of the British such as the bankers, merchants and the great landowner’s institution of the industrialists and manufacturers. The major strength of the chapter is a reference to the liberal and Marxist theory. Halperin (24) notes that with regards to the Marxists and Liberal theory, a new class emerged and brought wth it a new capitalist’s production mode. The class is thought to have served a highly evolutional part in economic and social development through demolishing the previously existing institutions and replacing them with a new system of production, and new organizations with the aim of meeting the capital needs. The new class came to power through having nationalist revolutions and gained power through establishing institutions. However, Halperin (25) argues that the regime changes and Industrial revolution never replaced the ruling class; rather it was the means through which the ruling class adapted successfully to the changing state of affairs and co-opted a new