Summary

Portrait of Charles Babbage Charles Babbage On the Economy of Machinery and Manufactures (1846)

It is admitted by every one, that our skill is unrivalled; the industry and power of our people unequalled; their ingenuity, as displayed in the continual improvement in machinery, and production of commodities, without parallel; and apparently, without limit. The freedom which, under our government, every man has, to use his capital, his labour, and his talents, in the manner most conducive to his interests, is an inestimable advantage
Source: Wikisource

Portrait of Charles Babbage Charles Babbage On the Economy of Machinery and Manufactures

The first object of every person who attempts to make any article of consumption, is, or ought to be, to produce it in a perfect form; but in order to secure to himself the greatest and most permanent profit, he must endeavour, by every means in his power, to render the new luxury or want which he has created, cheap to those who consume it. The larger number of purchasers thus obtained will, in some measure, secure him from the caprices of fashion, whilst it furnishes a far greater amount of profit, although the contribution of each individual is diminished.
Source: Gutenberg

Portrait of Charles Babbage Charles Babbage On the Economy of Machinery and Manufactures (1846)

In the midst of that excitement which accompanied the Revolution of France and the succeeding wars, the ambition of the nation, unexhausted by its fatal passion for military renown, was at the same time directed to some of the nobler and more permanent triumphs which mark the era of a people's greatness,—and which receive the applause of posterity long after their conquests have been wrested from them, or even when their existence as a nation may be told only by the page of history.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature