Comment by jmalicki
1 day ago
One of the leading economic history theories of why the industrial revolution happened was that it was largely a result of the Black Plague.
The theory is roughly that before the Black Plague, the population was stuck in Malthusian dynamics at the top of the logistic curve - population had expanded to the level that land could support.
The massive deaths allowed the remaining population to only farm the most productive land, leading to a massive surplus. The elite were able to capture that surplus and fund things like art, science, etc. Some of those scientists were able to create technology that led to further efficiency gains, so that technology could make the economy grow faster than population growth could catch up.
There are a ton of things that allowed that surplus to translate into technology and economic growth. But AFAIK the leading theory is that without the massive shock from population decline due to the bubonic plague, that surplus would have never existed to begin with, so how it was allocated would have been moot.
Black Plague ended in 14th century while industrial revolution started in the 18th. There is no connection.
The growth started in the 14th. It was awhile before the industry happened, but the change in growth rate is strongly connected with the Black Plague.
One of the many, many descriptions of this is here (many because this is the mainstream theory): https://cepr.org/voxeu/columns/black-death-and-industrialisa...
The first technology wasn't the steam engine, it was eating beef instead of just grain, and having cattle pull plows. We don't think of that as a huge technological revolution, but it was a dramatic efficiency gain at the time. It wasn't a new invention, but there wasn't enough surplus to deploy it widely before that.
Anything can be anything if you stretch definitions far enough. But normally industrialization is seen as distinct and antagonistic to artisanal culture.
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Doesn't this article contradict your earlier comment? It claims that wages increased (elite were unable to capture the surplus) and as a result, workers were able to move from growing crops to farming animals, with resulting efficiency gains (i.e. they were able to acquire capital rather than pay all their surplus as rent).
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You might regard the Renaissance as the prelude to the industrial revolution.
Lots of serious historians disagree. There are whole books on the topic. Here's just one paper as an example
https://www.cambridge.org/core/journals/journal-of-demograph...
Societal changes are slow beasts, they may very well take several centuries to develop. Nation-states were a direct consequence of the printing press, yet they didn't arrive until XIX century.
I thought the aftermath of the Black Plague also allowed people to charge a lot more for their labor and services, since most of the laborers, well, died.
I mean all part of the surplus - you weren't struggling to barely survive so could do other things with your time, and some of the people used that surplus to invest in efficiency.