Scene on Radio S7 E5: A New Thing in Human History
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Jul 17, 2024 
Experts in American history, economics, and the impact of capitalism discuss the rise of a new capitalist order in the United States. They explore how the country overtook its parent in wealth, the economic motivations of the American Revolution, the ruthless capitalists of the Gilded Age, the accelerated rate of technological progress, and the impact of the Industrial Revolution on society.
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Constitution's Economic Focus
- The US Constitution prioritized protecting private property and attracting capital.
- This was achieved by intentionally limiting the power of the working-class majority.
Slater Mill and Industrial Revolution
- Slater Mill in Pawtucket, Rhode Island, symbolizes the start of the American Industrial Revolution.
- Sam Slater brought the design of the Arkwright waterframe from England.
Cotton and Slavery
- New technologies like the cotton gin fueled the American textile industry.
- This growth, however, was built upon the foundation of enslaved labor.