Is Another Industrial Revolution Upon Us?

Sure, sure, historians still debate whether the term ‘revolution’ is a misnomer since the first industrial revolution began in the 1700s and sort of merged into the second industrial revolution in the mid-1800s. Revolution is apt when a new way of doing things completely replaces an old way. However, the changes in agricultural techniques, technology, and industrial organisation happened so slowly it was hardly a revolution in the traditional sense of change occurring rapidly. (more…)