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Transformations of the 20th Century: Growth and Inequality
This chapter examines the historical developments around 1870 that facilitated the rise of corporations, industrial research, and globalization, highlighting the role of technological advancements in reshaping the economy. It contrasts the harsh realities of life before this period with the transformative effects of the Second Industrial Revolution, showcasing the complex interplay between economic growth and social challenges. The discussion further explores philosophical reflections on utopia, questioning the persistent inequalities in society despite significant technological progress.