Capitalization Quote by Chellis Glendinning
“Some of the technologies that were created during the Industrial Revolution were appalling, such as capitalization, investment, social hierarchy, sexism, racism, and ecological destruction.”
About This Quote
Source Essay: The Dark Side of the Industrial Revolution, 2020
The Industrial Revolution introduced systems that entrenched inequality and environmental harm, showing progress can have severe social costs.
In simple terms: Industrial progress can create deep social and ecological problems.
Key Takeaway
Recognize and address hidden harms of technological change.
Themes
inequality
environment
capitalism
history
social justice
Mood
critical
reflective
Type
analytical
historical
When to use this quote
- policy reform
- corporate responsibility
- community activism
- environmental advocacy
Key Concepts
structural oppression
ecological impact
economic exploitation
Questions to Reflect On
- How can we redesign technology to be equitable?
- What policies can mitigate past harms?
A Different Perspective
Progress often benefits a few while marginalizing many.
![“. . . the upsurge of Spirit is the only plausible way to stop the ecological destruction of our planet. Even people who have no interest in a communal solution to the distortions in our lives will have to face up [to] this ecological reality. Unless we transform our relationship with nature, we…” quote by Michael Lerner](https://sms4smile.com/quotes/img-quotes/390/michael-lerner-34328_contemplation_the-upsurge-of-spirit-is-the-only-plausi_1184799.jpg)
![“Wesco had a market capitalization of $40 million when we bought it [in the early 1970s]. It's $2 billion now. It's been a long slog to a perfectly respectable outcome - not as good as Berkshire Hathaway or Microsoft, but there's always someone in life who's done better.” quote by Charlie Munger](https://sms4smile.com/quotes/img-quotes/c1e/charlie-munger-458_billions_wesco-had-a-market-capitalization-of-40_2073813.jpg)
![“Speaking about our largest oil company Rosneft, and I recalled in the beginning that almost 20 percent of it [19.7] belongs to BP. Who's company is that? British Petroleum, isn't it? I suppose that is not bad. I have to tell that British Petroleum's capitalization is significantly related to the…” quote by Vladimir Putin](https://sms4smile.com/quotes/img-quotes/fea/vladimir-putin-261_british_speaking-about-our-largest-oil-company-r_1652269.jpg)
![“In the information age, the barriers [to entry into programming] just aren't there. The barriers are self imposed. If you want to set off and go develop some grand new thing, you don't need millions of dollars of capitalization. You need enough pizza and Diet Coke to stick in your refrigerator, a…” quote by John Carmack](https://sms4smile.com/quotes/img-quotes/20a/john-carmack-15030_age_in-the-information-age-the-barriers-to-e_315133.jpg)