AbstractThe notion of de-industrialisation arises from the fact that industrial employment, having risen rapidly, is now in equally rapid decline. This paper presents the view that agriculture and industry together form, and have always formed, a logically seamless "primary" sector which from the beginning, because of its harnessing of direct or fossilised solar power and thus its inherent capacity for productivity gains, has progressively freed labour for non-productive or service work. The "industrial revolution" was really an accelerative phase in a millenia-old development. There is no new phenomenon of de-industrialisation, no rise and fall, merely a speeding up of a monotonic process of labour-freeing from the primary sector of agriculture/industry, whose ever decreasing work force produces ever increasing agricultural/industrial output.
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Bibliographic InfoPaper provided by EconWPA in its series Development and Comp Systems with number 9601001.
Date of creation: 10 Jan 1996
Date of revision: 05 Aug 1996
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industrialization; productivity; growth;
Find related papers by JEL classification:
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
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- Broadberry, Stephen N., 1993.
"Manufacturing and the Convergence Hypothesis: What the Long-Run Data Show,"
The Journal of Economic History,
Cambridge University Press, vol. 53(04), pages 772-795, December.
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- Baumol, William J, 1972. "Macroeconomics of Unbalanced Growth: Reply," American Economic Review, American Economic Association, vol. 62(1), pages 150, March.
- Víctor Ramiro Fernández & Gustavo Peretti & Laura Tarabella, 2004. "Rotura del tejido industrial y profundización de los desequilibrios territoriales durante los ´90s en Santa Fe (Argentina). Una crítica al consenso de Washington," Revista de Estudios Regionales, Universidades Públicas de Andalucía, vol. 2, pages 119-147.
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