Emergence of A Market Economy
Channel: Asad Zaman
Date: 2023-03-19

{writeup: bit.ly/AZnaie45} Section 4.5 of A New Approach to Islamic Economics (bit.ly/na2ie) describes the historical circumstances which led to the industrial revolution in England, and the dramatic consequences which followed. The goal is to study the process of social change as it unfolds in the economic, political and social dimension, triggered by the massive excess production enabled by the Industrial Revolution.