These entrepreneurs were to become Taiwan's first industrial capitalists.
Thus, the surplus would be directed more toward feudal landlords and away from the emerging industrial capitalists.
Modern industry has converted the little workshop of the patriarchal master into the great factory of the industrial capitalist.
Nobody else, from the industrial capitalist or "captain of industry" to the coal-miner, profits from it in any way, and all pay the taxes, which become the interest payments, which make the bankers richer.
He sums up his theory in the aphorism: "The hand mill gives you society with a feudal lord; the steam-mill, society with the industrial capitalist."
For example, 1951's The Man in the White Suit used a science fiction concept as a means to satirize postwar British "establishment" conservatism, industrial capitalists, and trade unions.
The brothers were industrial capitalists who amassed a major fortune from oil.
However, classical elitists initially agreed with Marxists that liberal democracy was a sham which masked the ascendancy of a new elite of industrial capitalists, the bourgeoisie.
The liberal elements among industrial capitalists and nobility believed in peaceful social reform and a constitutional monarchy, forming the Constitutional Democrats, or Kadets.
Green pointed out that the British Factory Acts had already limited the liberty of industrial capitalists and that legislation requiring compulsory schooling had circumscribed the freedom of parents.
