Chapter 3: The Wages of War Capitalism

While certainly still revolutionary, industrial capitalism was the offspring of war capitalism, the previous centuries' great innovation.
[...]for the first time ever, a new character, the manufacturer, strode onto the scene, an individual who used capital not to enslave labor or conquer territory, though that remained essential, but to organize workers into great orchestras of machine-based production.
The true boom of the British cotton industry was thus an export boom.