The technological breakthroughs of the Second Industrial Revolution – the electricity grids, the telegraph, later the telephone, highways packed with automobiles, television networks – these expansive networks of phenomenal machinery may have spawned Big Business, Big Finance, the Great Depression, the War Economy, Bretton Woods, the post-war technostructure, the European Union and built the modern world that your generation and mine took for granted, but they gave rise to neither a new type of capital nor a new class who could challenge the capitalists for dominance. But the technologies that
...more
