
Chapter 4: Creating Utopia
The Industrial Revolutions
00:00
The Effects of Enclosure on the Human Race
By the 1670s, more than 825,000 acres of farmland had been enclosed. Nearly 300 villages were abandoned as a result. The government responded by giving some non-arrestocrats their own land. With private property rights secured, an incentive for capital investments was created. New inventions are very nice but totally useless until someone pays to make them a reality.
Transcript
Play full episode