Forging Modernity: Why and How Britain Developed the Industrial Revolution

By Martin Hutchinson

Martin Hutchinson examines the innovations, policies and leadership that brought Britain the Industrial Revolution in the seventeemth and eighteenth centuries

ISBN: 9780718896867

Description

The Industrial Revolution provided the greatest increase in living standards the world has ever known while propelling Britain to dominance on the global stage. In Forging Modernity, Martin Hutchinson looks at how and why Britain gained this prize ahead of its European competitors. After comparing their endowments and political structures as early as 1600, he then traces how Britain, through better policies primarily from the political Tory party, diverged from other European countries. Hutchinson’s Harvard MBA allows a unique perspective on the early industrial enterprises – many successes resulted from marketing, control systems and logistics rather than from production technology alone, while on a national scale the scientific method and commercial competition were as important as physical infrastructure.

By 1830, through ever-improving policies, Britain had built a staggering industrial lead, half a century ahead of its rivals. Then the Tories lost power and policy changed forever. In his conclusion, Hutchinson shows how changes welcomed by conventional historians caused the decline of Industrial Britain. Nevertheless, the policies that drove growth, ingenuity and rising living standards are still available for those bold enough to adopt them.

Additional information

Dimensions 254 × 156 mm
Format

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Trade Information LGENPOD

About the Author

Martin Hutchinson was born in London, brought up in Cheltenham, England, and has lived in Singapore, Croatia, London, suburban Washington, and since 2011 in Poughkeepsie, NY. He was a merchant banker for more than twenty-five years before moving into financial journalism in 2000. He earned his undergraduate degree in mathematics from Trinity College, Cambridge, and an MBA from Harvard Business School. He is also the author of Britain’s Greatest Prime Minister: Lord Liverpool (Lutterworth Press, 2020).