The consequences here are equally difficult to overestimate. The invention of the steam engine is an event that shatters the framework of medieval industrial life. Transportation improves dramatically with the appearances of highways, canals, and most importantly, a railroad system in the 19 th century. Also revolutionary are devices for transmitting information. Until the invention of the telegraph the fastest method of communication was the use of carrier pigeons, which had obvious limitations.
Modern man has little use for social or religious traditions.
It is the principle of exchange. All other values are privatized. Only exchange value has social authority and power. In more colloquial terms, what this means is not as many people listen to bishops or the bible anymore. Now, only money talks.