ONE blogs – JOHN CALDER – Man for Monday: A NEW LEISURE CLASS?

The real causes of the long-expected depression (by a few thinking observers anyway) are seldom mentioned. It is not just the greed of a few – bankers, CEOs etc. – but a historical phenomenon that has been growing ever since the beginnings of modern capitalism in the period that followed the English Civil War. This forced the too large and growing agricultural majority population off the land and into factories and whatever town life could offer in terms of employment. Most of it, other than heavily exploited factory workers, went into domestic service, some went into the arm and navy that created the British Empire, but miserable slum life, involving much crime, as captured in the novels of Disraeli and Dickens, was the destiny of a considerable number of the new urban proletariat. This led to the rise of the middle classes which was able to rival and often join the old landed aristocracy, much of it originally created by the Norman conquest. read more —>