Factory (industry)

Definition and stakes

Various,  Once a Week (1861)

“ But the factory system, as we behold it existing at the present day, constituting a wonderful monument of the highest mental attainments, of the most indefatigable industry, and of phenomena physical and moral such as are combined with equal effect in no other instance,—this most striking spectacle of all which the world of manufactures can present,—owes its origin and happy solution to Arkwright. ”
Source: Wikisource

Jonathan Thayer Lincoln,  The factory (1912)

“ The factory system first applied to the cotton industry has been applied to all manufactures as well as to agriculture and has become the central fact in modern industrial life.
We are now to take up the question of how the establishment of the factory affected England’s laboring poor, and to study a little more in detail the social effects of the Industrial Revolution. In preparing the way for this discussion we should remember that the factory was not the sole cause of the Industrial Revolution, although it was a very important one.
”
Source: Gutenberg

Business Administration: Theory…

“ Before the introduction of the factory system, under the so-called “domestic” system of industry, the laborer carried on his work in his own home, where he provided the raw material, owned his own tools, furnished the motive power—his muscles—and was his own master. Today every one of these conditions is changed—the work is carried on in the factory, the raw material, the tools, the motive power are all provided by the capitalist, the laborer contributing only his own more or less skilled labor, while the conditions under which he carries on his work are largely determined for him. ”
Source: Gutenberg

Get perspective with Kwize: daily news enlightened by great literature