Steam and machinery did not revolutionize industrial production
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The Industrial Revolution and its consequences have been a disaster for the human race 1 0 1The feudal system of industry no longer sufficed for the growing wants of the new markets, leading to the rise of the manufacturing system 1 0 2Steam and machinery revolutionized industrial production 1 0 2Modern industry replaced manufacture and industrial millionaires replaced the industrial middle class 1 0 2As industry, commerce, navigation, railways extended, so did the bourgeoisie develop and increase its capital 1 0 3The bourgeoisie cannot exist without constantly revolutionizing the instruments of production and thereby the relations of production and the whole relations of society 1 0 2Due to the extensive use of machinery and division of labor, the work of proletarians has lost all individual character 1 0 2Modern industry has converted the small workshop into the great factory of the industrial capitalist 1 0 2Machinery obliterates all distinctions of labour and reduces wages to the same low level 1 0 2The increasing improvement of machinery makes the livelihood of workers precarious 1 0 2