Luddites, Pirates and Privateers

The Luddites Maybe Luddites were not totally wrong to fight mechanization since they could certainly not foresee the benefits it would bring, nor they lived long enough to reap them. In fact, in the long run, the effects of mechanization on economy have been largely positive, even though “in the long run we are all dead” and the short term, for some, may last a lifetime. Luddites fought the use of machinery to get around standard labor practices and replace their role in the industry. As Mariana Mazzucato observed in […]

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Author: Luigi Muzii

Luigi Muzii