Today’s civilisational conflict
By: Hudson, Michael
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Material type: 
BookPublisher: Economic & Political Weekly Description: 60(41), Oct 11, 2025: p.26-31.
In:
Economic & Political WeeklySummary: Industrial capitalism was revolutionary in its fight to free Europe’s economies and parliaments from the hereditary privileges and vested interests that survived from feudalism. To make their manufactures competitive in world markets, industrialists needed to end the land rent paid to Europe’s landed aristocracies, the economic rents extracted by trade monopolies, and the interest paid to bankers who played no role in financing industry. These rentier incomes add to the economy’s price structure, raising the living wage and other business expenses, thus eating into profits.- Reproduced
https://www.epw.in/journal/2025/41/perspectives/todays-civilisational-conflict.html
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 60(41), Oct 11, 2025: p.26-31 | Available | AR137611 |
Industrial capitalism was revolutionary in its fight to free Europe’s economies and parliaments from the hereditary privileges and vested interests that survived from feudalism. To make their manufactures competitive in world markets, industrialists needed to end the land rent paid to Europe’s landed aristocracies, the economic rents extracted by trade monopolies, and the interest paid to bankers who played no role in financing industry. These rentier incomes add to the economy’s price structure, raising the living wage and other business expenses, thus eating into profits.- Reproduced
https://www.epw.in/journal/2025/41/perspectives/todays-civilisational-conflict.html
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