ABSTRACT
Within 150 years, from 1750 to 1900, capitalism and technology conquered the globe and created a world civilization. Neither capitalism nor technical innovations were new; both had been common, recurrent phenomena throughout the ages, both in West and East. What was brand new was their speed of diffusion and their global reach across cultures, classes and geography. And it was this, their speed and scope, that converted capitalism into ‘Capitalism’ and into a ‘system’. It converted technical advances into the ‘Industrial Revolution’.
