The 1751 Machine that Made Everything

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  • Published on Mar 15, 2018
  • If you had to pick one machine that triggered the biggest explosion of wealth in our history, which would you pick?
    Let me know in the comments if you agree with my choice!
    machinethinking.co/
    If you enjoy content like this, please subscribe.
    Per Capita income data source: Angus Maddison "Statistics on World Population, GDP and Per Capita GDP 1-2008AD"
  • Science & TechnologyScience & Technology

Comments • 2 790

  • Rex Krueger
    Rex Krueger 8 months ago +596

    Amazing! Stunning! Such a clear and entertaining way of explaining an essential (but potentially boring) project. On my channel, I use the wood lathe a lot, but I'm frustrated with the way people only see it as a way to make decorative items. I use it for some more precise tasks and I'm about to start building my own. This video is a great inspiration. I expect your subscriber count will shoot up very soon. Keep up the good work!

    • No Thanks
      No Thanks 3 days ago

      It is for decorative items because the tolerance and repetition on that machine are not build for precise specs.

    • John Smith
      John Smith Month ago

      You have to be joking. This is ridiculous and oversimple, suitable for children.

    • Al Grayson
      Al Grayson Month ago

      +najroe - A drive plate, a face plate with a slot, drives a "dog," which clamps to a round bar. One pointed center is in the center hole of the lathe spindle. The other end of the workpiece is supported by a center rest. The dog and workpiece are fastened to the spindle center with leather strapping pulled very tightly. Now a drill bit held in a tailstock chuck can drill a hole in solid stock or a boring bar mounted on the carriage can bore inside a hole in the workpiece.

    • Peter Day
      Peter Day 2 months ago

      +tarstarkusz Chicken or egg. There is no need for energy without the machine and no need of the machine without energy. He is not wrong.

    • Robert Queberg
      Robert Queberg 2 months ago

      It is quite easy to boil water for steam with wood as a fuel source. This takes stone tools and lots of sweat. As everything else has occurred on the earth, there is a consumption of time and patience.

  • Richard J
    Richard J 19 hours ago

    Love this video! Thank you for your time to make this history lesson and hope for more history on machining.

  • Giovane Alucard
    Giovane Alucard 5 days ago

    I don't work on a farm because my Gardening bot's do. I just keep them working.

  • Joel Seim
    Joel Seim 6 days ago

    The lathe is the one machine that can in sense reproduce itself

  • ZodiacProd
    ZodiacProd 7 days ago

    this is incredibly amazing and also very sad on a soulful level of consciousness about your state of being

  • Sonny Moon
    Sonny Moon 10 days ago

    thexvid.com/video/xJXblSsQp4Q/video.html all growth was consumed by the Khazarian mafia that controlled the flow of money throughout the world more and more until only recently when they do not even have the ability to use their computers anymore since they have been uncovered as the murderous criminals of world deceit. thexvid.com/video/xJXblSsQp4Q/video.html

    • Sonny Moon
      Sonny Moon 10 days ago

      of course since they control the news media to a large part we do not know this. Very soon all will know and the few that had any relationship to these monsters will be hiding or turning over a new leaf for sure.

  • yo lo
    yo lo 11 days ago

    I love capitalism :)

  • April Kester
    April Kester 11 days ago

    I wonder what your graphs would say about humanity and economics oif income equality were accounted for?

  • Franski
    Franski 12 days ago

    I would say the invention of gunpowdered weapons

  • Carson Hopper
    Carson Hopper 15 days ago +1

    fake news, everyone knows African Kangz made everything

  • Oliver N.Karlsson
    Oliver N.Karlsson 15 days ago

    I want to know more about the roof at 5:22

  • Goodnight TGDOCA11
    Goodnight TGDOCA11 17 days ago

    I have lived many lives and this explains everything exactly to the t, The model T that is!

  • RoachDoggJR
    RoachDoggJR 17 days ago

    *A mechanical duck shits on a plate* Voltaire: "Bruh, this is the glory of France."

  • Michael Sieberer
    Michael Sieberer 21 day ago

    This GDP plot is meaningless. Global economy grows exponentially, so you'd have to plot it on a logarithmic scale to see the big picture. And then you'd have to think about inflation (or how you treat the value of the goods produced at that time)

    • Machine Thinking
      Machine Thinking  21 day ago

      Michael Sieberer I accidentally left GDP in on the graph. It’s normalized income to 1990 dollars so inflation is calculated in. Expand the description to see my very highly regarded source.

  • Bounty Umbara
    Bounty Umbara 23 days ago

    People made tools to facilitate their work to make something, now many people buy tools just because they're cool, no urgency. We're becoming the tools for tools, and think it's cool.

  • Jay See
    Jay See 24 days ago

    Where are these auto machines now?

  • Jay See
    Jay See 24 days ago

    1751 was first worlds fair

  • TimTravels
    TimTravels 25 days ago

    Please learn what GDP is. It is not, and has never been, Income related. It is a measure of productivity/output.

  • Unknown Alias
    Unknown Alias 25 days ago

    I legit thought this was a SCP video

  • Rich A
    Rich A 25 days ago

    The first is not always the best. Who invented the computer mouse? It’s not who you think....

  • Edgar Velez
    Edgar Velez 26 days ago

    I like this video very much, If I had the choice of only one machine tool to pick from I would pick the late which you can also make square parts, might take longer to make them but not impossible on a lathe.

  • Oby-1
    Oby-1 26 days ago

    And soon SkyNet will control the world.

  • Herrens Sverd
    Herrens Sverd 26 days ago +2

    When using the lathe at work, I always wondered....how the heck they make the first lathe without a lathe?!

  • snee
    snee 27 days ago

    all well and good but we now need people to go back to the farms

  • Crooked River Machine Works

    If you want to see how one can build a lathe in this day and age, see David Gingery's book "The Metal Lathe".

  • bazoo513
    bazoo513 27 days ago

    You make a convincing case for your favorite tool as the root of industrial revolution :o) Indeed, steam machinery needed lathes to be produced affordably and reproducibly...
    But, as you briefly mention, there had to be a social need for the new technology - ancient Greeks could have started the industrial revolution were it not for perfectly adequate slave labor.
    I would like to see your comment on the fact that, even as the productivity continues to increase in the US in the last 50 years, the real income of the vast majority of the population stagnates.

  • Frankie Featherstone
    Frankie Featherstone 28 days ago

    dogecoin

  • hdckdsadd
    hdckdsadd 28 days ago

    where can I find the pictures at 11:40 ?

  • Mister006
    Mister006 28 days ago

    So explain what made the factory came to be.
    The industrial revolution gave rise to the idea that creating the supply itself was the impetus that created the jobs.
    Every new job requires a demand - and things like the boom of childbirth following WWII was the impetus to the current day's industrial climate.
    The issue for the future is that as conveniences increase while incomes stay flat, fewer children are being born.
    Fewer children, less demand.
    Shuttered factories.

  • introprospector
    introprospector 29 days ago

    You cite an increase of wealth as if it were a good thing, as if that wealth wasn't held entirely by 3 people and their grandma screwing everyone else over.

  • Donald Meadows
    Donald Meadows 29 days ago +1

    So capitalism...and those huge evil factories generate wealth for everyone? Not what my fellow millennials told me.

  • Don Lunn
    Don Lunn 29 days ago

    The narrator mentions England.Now, I am English.And I am proud of our accomplishments.But he should have said “Britain” The Scots especially, contributed in a major way, to the industrial revolution.But a great vid nonetheless.

  • Gunns
    Gunns 29 days ago

    I was a machine tool builder. I remember tolerances for parts such as connecting rod bolt holes were +/- .006". 10 years later it was a true position of 40 microns or around .0015" total tolerance. To get the machine to pass runoff in both tolerances the machine would have to repeat with a quarter of the tolerance. In a sense going from "horse shoes and hand grenades" to threading the eye of a needle.

  • Chuck Lotro
    Chuck Lotro 29 days ago

    Wealth still isn't evenly distributed. What is this modern trap called?

    • After_Midnight
      After_Midnight 28 days ago

      But at least there is wealth. Capitalism isn't perfect, but so far it looks by far the best system, compared to all others

  • ray rep
    ray rep 29 days ago

    Now you need to do a vid on the invention that was created on "Jykel Island" read the book The Creature from Jeykel Island.

  • Jonathan B Hampton
    Jonathan B Hampton 29 days ago

    how where the first screws made that held the first machine together that made screws ?

  • Doginu
    Doginu 29 days ago

    Viva La France!

  • Mark Gigiel
    Mark Gigiel Month ago

    I loved the video. The Malthusian trap still exists. More efficiency and productivity equals more people and more resource and energy use. UNTIL IT CAN'T ANYMORE.

    Infinite growth on a finite planet is not possible. More population with more wealth may have been a bad thing eventually. We have reached the limits of resource depletion, population growth and ecosystem destruction. We need 1 and a half earths now. The OWNERS no longer share the increased wealth and productivity either. They want it all. Enjoy yourself while you still can. It's ALL slowly collapsing and will get really bad soon. Not just for the poor like now, but for everyone.

  • Zanin Fazlic
    Zanin Fazlic Month ago +1

    Thank you so much for doing this! I never knew why i liked precision to the thousands of an inch until now. I work in the field, kind of.. Like you, this is one of the first comments I ever made. What you are doing is beautifully educational. Thank you very much. This is greatly appreciated.

  • Panda FPV
    Panda FPV Month ago

    The BS Federal Reserve is what happened

  • Dip Image
    Dip Image Month ago

    More then a THANK YOU!

  • G3M1N1
    G3M1N1 Month ago

    "i love our new pets"
    AI about humans

  • DjKinetec
    DjKinetec Month ago

    Excellent video, please keep up the great work.

  • holdmybeer
    holdmybeer Month ago

    dude with the foot powered lathe gets tons of sex.

  • franksalterego
    franksalterego Month ago

    I began my machinist apprenticeship in 1962... And, I learn something new every day... Thank you for that.

  • Kit Levey
    Kit Levey Month ago

    I would have voted for the electric generator - then realized that you had to have a lathe to make one.

  • Joe Hayting
    Joe Hayting Month ago +4

    >the entire premise of technological advancement is the expansion of wealth.
    How... rootless.

  • Dug6666666
    Dug6666666 Month ago +1

    Great video
    I particularly liked your eye for a good illustrating photo.

  • ContagiousRepublic
    ContagiousRepublic Month ago +7

    OMG i thought it was a SCP entry, LOL

    • DjKinetec
      DjKinetec Month ago

      LOL. SCP 3586 or something

  • Christopher G
    Christopher G Month ago

    excellent as always

  • BUBBLEGUM GUN
    BUBBLEGUM GUN Month ago

    The Industrial Revolution wouldn't have been possible without the Liberty Revolution.

  • Stephen Escobar
    Stephen Escobar Month ago

    iThOuGhTcAPiTaLiSmAnDaMeRiCaNiNgEnUiTyCaUsEdMoNeYtOHaPpEN
    Btw, diesel was also a socialist who wanted to free humans from the necessity of work. Make life free to play. People have a right to not die from disease, starvation, or exposure. Right to life, liberty, property. This implies a mutual understanding in that society to respect each others rights. If there is an artificial monopoly on medicine, land use, and access to food, then society is depriving individuals to their right to life. We can't all "move to the national forest and become sustenance farmers living in mud huts", which is what would be necessary to escape the corporate enforced wage-slavery system that violates human rights by its nature. "You are free to choose" your master is still slavery.

  • Emily Mast
    Emily Mast Month ago

    that is very cool :)

  • JG77 Northeast
    JG77 Northeast Month ago

    Great video. Great point. Human achievement over that last few hundred years has been nothing short of amazing. The effect of oil, petroleum has a similar graph and similar impact on advancement.

  • K ris
    K ris Month ago

    I always wondered why technology was so advanced now, and not back then. My first trip to the Franklin Institute in Philly taught me that in order to build precision machines, they must be built with the previous generation of precision machines, and so on all the way back to early man using two sticks and a thong of leather to spin a piece of wood. Technology is built on the shoulders of previous technology. I was seven or eight and stumbled onto a primitive interpretation of Moore’s law

  • Dickweed Johnson
    Dickweed Johnson Month ago

    The Sybian!

  • Philip O'Duffy
    Philip O'Duffy Month ago

    You should try satisfactory

  • Tomas Bodling
    Tomas Bodling Month ago +1

    The best 15 min of history i think i ever sen! Tanks!

  • Bruce Cook
    Bruce Cook Month ago

    Great story! Thank you for the history lesson. Just one question..... What machine does Vaucanson use to make the threaded parts for his lathe? In particular, the lead screw which is necessary for a metal lathe to function. Thanks again for the fantastic history lesson.

  • Douglas Scroggs
    Douglas Scroggs Month ago

    have you been reading adam smith?

  • caitgems1
    caitgems1 Month ago

    I❤mylathe

  • Gerry
    Gerry Month ago

    Defecating duck- are you shitting me?

  • Mik Kipling
    Mik Kipling Month ago

    What made machines possible was the discovery and harnessing of steam power.

  • John Park
    John Park Month ago +4

    Your videos are some of the best You Tube content that I have seen. You are making the world a better place with your work.

  • Benjamin Lucas
    Benjamin Lucas Month ago

    holy crap! amazing video man! thanks!

  • ROSS Bryan6
    ROSS Bryan6 Month ago

    AND REMEMBER ,
    WHEN YOU SEE A MACHINIST ,
    MECHANIC, OR MECHANICAL ENGINEER, BE SURE TO BUY THEM A DRINK AND THEIR DINNER!!!

  • Dave Stambaugh
    Dave Stambaugh Month ago

    The problem with modern lathes is that you can not work between two dead centers. Any center that rotates with the part is a live center. the most accurate work is done between two dead centers. The old Logans we had in high school had a head stock that you could run a dead center in. As it is now no one makes a spring loaded dead center to run in the tail stock. I had to make my own with a new end mill holder. If you have to make a shaft with multiple precision journals, it is impossible to hold them all with in .001" without finishing the diameters between two dead centers like in an OD grinder.

  • RapidRrobert
    RapidRrobert Month ago

    Lathe and drills. After watching your great video, a question: How did he make the lead screw if he didn't have a lathe yet?

  • Lost Space
    Lost Space Month ago

    It is a self fulfilling prophecy.. The lathe meant printing bills was possible to monetize the world away from valuable assets like gold. So money income goes up but intrinsic value plummets as sharply as seen here. It is inverse thinking

  • viewz
    viewz Month ago

    Writers are assholes

  • Blayne Miller
    Blayne Miller Month ago

    ...but they are lost to history so we can only speculate." How many things may have been built or designed before we think they were? With the evidence lost over time. It makes you wonder.

  • Nighthawk
    Nighthawk Month ago

    "It is our belief, that when you put a machine to do the work of a man, you take something away from the man."
    -Sojef, of the Baku people. Star Trek Insurrection, 1998.

  • YourPalAL
    YourPalAL Month ago

    I saw a documentary once that said by WW1 America's production capacity was higher than the entire world combined had been just 40 years earlier.

  • Daniel Sturman
    Daniel Sturman Month ago

    Great pedagogy on the relationship of machine tools and human development.

  • Joel Bennett
    Joel Bennett Month ago

    for fuck's sake could you move any slower with this narration?

  • Mr Purple
    Mr Purple Month ago

    i thought this was an scp at first lol.

  • Faelwolf
    Faelwolf Month ago

    The next machine revolution has already started. The precision of metal casting and 3d printing has steadily progressed, and casting can now rival machining in accuracy and finish. 3D printing is catching up even faster. CNC machining is now becoming fully automated, with self-loading and self-correcting machines with predictive AI that can anticipate needed tool changes and offsets. I can see fully automated factories on the horizon.

  • Bryn Finlayson
    Bryn Finlayson Month ago

    England? Britain.

  • lenny108
    lenny108 Month ago

    right, this was the beginning of the industrialization age. It surely uplifted human civilization. But there is also a dark side, today we can see to where this will ultimately lead, the concentration of wealth, megacities where many people do not make it, worldwide 174.1 million people unemployed. Hmm, are there unemployed, bees, or ants? So industrialization should go on, but parallel there should be also flourishing village life without machines. In this way there would be everybody engaged. Those who feel frustrated with industries can go to the village life, and those who feel bored with village life can go to cities. Not what we have today that village life is choked off and villagers are whipped to the cities.

  • Jeff Noe
    Jeff Noe Month ago

    Great video, the majority of the population have absolutely no idea what these things do and don't care either.

  • Some Random Dude
    Some Random Dude Month ago +6

    "Used for boring cannons"
    Have you even *seen* a cannon?! Those things are awesome! Exciting as hell, not at all boring!

    • Faelwolf
      Faelwolf Month ago

      Even more fun to fire one :) I was in a Civil War re-enacting unit that had a 6 pound mountain howitzer. Nothing like pulling that cord and getting that big boom! We actually accidentally blew a window out of a house with it once, the concussion even from firing blanks is no joke!

  • jasonpeace1991
    jasonpeace1991 Month ago +2

    I don't work on a farm, I live on a farm but work with machinery ranging from lathes to 3d printers I guess I see both sides of the graph (with the exception of modernisation of farming)

  • Isaac Kay
    Isaac Kay Month ago

    Why can't I view this? WTF TheXvid????

  • Waseem Akhter
    Waseem Akhter Month ago

    take a time out to watch 'elephant clock' you will find the real starting point of industrial evolution.

  • Johnny R
    Johnny R Month ago

    I get so excited about these machines. I had an ejaculation whilst I watched.

  • ResidualSelfImage
    ResidualSelfImage Month ago

    can you follow the industrial revolution from France to England to the USA to post wwii Korea Japan Germany to China? What would it take to bring the industrial revolution to Africa?

  • hpekristiansen
    hpekristiansen Month ago

    Correlation does not imply causation.

  • Chris B
    Chris B Month ago

    The 2000 year old Antikythera mechanism is an ancient Greek analogue computer. made with perfectly round metal components. Most Farmers I know are expert turners, joiners, carpenters, mechanically and technology savvy, they don't just sit around sucking grass,,

  • Evil Eye Fleagle
    Evil Eye Fleagle Month ago

    The bias is inherent in the name of the graph. What if instead of calling it the Malthusian Trap you called it the Equilibrium of Human Existence? Was life in the fields that bad? Do you know? Have you ever done it? Think about the lightless oppressive hours underpaid, cold or ,boiling hot spent in dangerous factory labor. Think about the tenements, the disease the degradation of humanity involved in this "industrial revolution".

  • Unintended Consequences

    90% of that growth in income and new wealth on that graph went to the 1% since the 1800's. Today 40% of working Americans earn less than $384.00 a week before tax. Not everyone got rich from the industrial revolution.

  • A Day in the Life of

    Cool explanation of "trickle down" economics! And yeah, much rather work on my own land and not be a slave to society and it's fake paper with no value. Great video though, very cool history!

  • Terncote
    Terncote Month ago

    Of course the bulk of that wealth was concentrated in the pockets of the machine owners.

  • Terncote
    Terncote Month ago

    An interesting meditation on the revolutionary effects of the lathe but as far as universally transformative technologies I would have to vote for the Alternating Current Generator.
    But I think I get your thesis. It's not that the lathe transformed human society, it's that the lathe transformed the way all machines thereafter were made and in fact was critical in the precision needed to make AC Generators.

  • OBGYN KENOBI
    OBGYN KENOBI Month ago

    i just found your channel i wish i could like your videos more than once your videos are so enjoyable thank you

  • D D
    D D Month ago

    GREAT ... WORK ....

  • RUBEN CARDOSO
    RUBEN CARDOSO Month ago

    This is an amazing video. Thank you so much for sharing. Before this, I had not the slightest idea about how this machine and the man who built it had literally changed the world. A few months ago I was talking to some friends about how bearings had revolutionized our modern world, and yet, no one pays them any attention. What I had not thought about is that these little modern marvels are made with lathes, how fundamental these machines are to our civilization. Six months ago I went to Paris, I visited the Louvre, and it is amazing, of course, but the next time I will also visit this museum you describe. So, thank you twice, for letting me know about this topic and for giving me another reason to visit Paris soon again. Cheers!

  • DJ Wise Pariah
    DJ Wise Pariah Month ago

    "Here's a graph with literally no context to it or what either axis represents. I'm about to extrapolate an entire video based on this graph with no information on it."
    It's funny how you completely gloss over the fact the the upward trend actually starts around the 1100's, when Gutenberg invented the Printing Press. You do know that invention is infinite amounts more valuable than the modern lathe, right? I mean, we recently reinvented the lathe and rendered it obsolete with 3D printing, which in a century or so, will outright replace the lathe entirely, whereas you'll never replace the written word.

  • ganiniii
    ganiniii Month ago

    Since the Industrial Revolution took place in England I had always assumed most of these invention were made by english engineers. So... the French didn't just invented the guillotine😲

  • FreeG ge
    FreeG ge Month ago

    I agree with the significance of the lathe but there is something wildly wrong about the graph. It just doesn't make sense. Perhaps you should normalize your wealth with inflation to understand what I mean.

    • FreeG ge
      FreeG ge Month ago

      I'm sorry. It was really long that I have to cut it this way.

    • FreeG ge
      FreeG ge Month ago

      I'm not sure you understand what I am saying but I'm pretty sure I understand what you are saying. I just hope that on your side, you are just making a healthy discussion without pride or ego. If not, then I won't make a reply anymore. I'm just trying to make a constructive criticism.
      I still stand by my opinion and I hope you respect that.
      I was actually making a long reply to you but you making irrelevant accusation on me made me realize that it's not worth it.
      Here are a few words from those.
      not adding surplus is relevant because you don't add waste into your equation.
      I was following your own arguments.
      Machines started al long time ago and still continued after the lathe making it nothing special.
      The graph doesn't point exactly to lathe. I was suggesting that maybe some other graphs will.
      There are inaccuracies in the graph and the way it is made that seems illogical to arrive to his conclusion.
      The graph illustrates correlation but makes no definitive causality.
      In spite of inaccuracies, the correlation may be sufficient to illustrate a simple idea (your last 3 paragraphs) but this doesn't meant that those inaccuracies can't be improved upon.
      Measuring the amount an individual can produce makes less sense than the amount of that product the population used.
      I would still try wealth and prove or disprove that it can be used to arrive to the same conclusion. Or maybe, it would point to a different machine or event in history. Idk.
      Wealth is not a direct measure of productivity. I agree 100% on this.
      I actually prefer value than wealth but I guess why not try both.
      If I make a similar study but using a different methodology and then arrived to the same conclusion, the maker of the video should be happy because I verified his conclusion. This should make everyone happy.

    • greenaum
      greenaum Month ago

      +FreeG ge
      You mention population growing. That's why this is a graph of value of stuff produced per person. That's taken into account. You need to pay better attention to the video.
      He's made inflation irrelevant by picking a fixed value to specify productivity with, a 1990 dollar. The amounts people produce, something around $500 he says, throughout most of history, is all specified in 1990 dollars. It needs to be, because the value of a currency can vary wildly through time, for reasons nothing to do with productivity (eg bubbles, crashes).
      Surplus is irrelevant. He's comparing production through the years, to show that mechanisation has massively increased the stuff we can each make. Whether it's needed or not is irrelevant.
      Wealth is irrelevant, it's not a direct measure of productivity.
      The point is, that as technology developed, each person was able to make so much more useful stuff. This amount was previously almost flat, but rocketed around the Industrial Revolution. That's the only point the graph makes.
      The graph goes up so dramatically, because machines can make other machines. A good lathe makes cylinders for steam engines, which massively amplify factory production. And later on, steam drives electric generators, and electricity powers computers, each stage multiplying how much one man can produce. Eventually satellites predict weather patterns, benefitting agriculture. That's why the graph is almost vertical, once mankind starts using machines on a massive scale.
      There is nothing wrong with the graph or the explanation. It's not even a difficult concept. You're trying to over-think it, to add factors that aren't relevant to the point he's made. It's a very dramatic graph, but that just shows how much humanity has to thank engineers for.

    • FreeG ge
      FreeG ge Month ago

      Thank you for correcting my mixed perception on productivity, utility, and wealth.
      To also agree with you, I said "normalize wealth with inflation" -- my point exactly is to make inflation quantitatively irrelevant in the analysis.
      The graph still doesn't make sense. You can't just use the number of products to describe improvement in production or the contribution of the lathe. This is because, population also grows and surplus doesn't count. The higher the population, the more labor force to increase production without any help from a machine. This means that you will have to normalize (products - surplus) with population. or
      ( (products - surplus) / population )
      I also follow an economic theory which is why I chose value to be more important than the produce. (We don't have to agree on this. I can adjust myself instead) And also data to make products as a data usable is difficult to find. Wealth is much easier to find. Wealth will also suffice (instead of value) because we are only concerned with their relative values. I guess there are still other ways on how the conclusion of the video will find basis.
      I hope this can improve on the video because I really like the conclusion. The basis just doesn't seem right.

    • greenaum
      greenaum Month ago

      It's a graph of productivity, how much each person produces. One way of measuring the value of "stuff" is in money. And it has to be a fixed amount, no inflation, so you're comparing like with like.
      Men with simple hand tools make mediocre-quality products slowly. A factory full of machines can make hundreds of times more, much better and with the same precision. That's why we all have supercomputers in our pockets, when a few centuries ago they didn't even have pockets!
      Inflation is irrelevant, a loaf of bread or a clock has as much use to the human race now as it did in 1800. The price in money is to do with economics, not utility.
      The human race really has grown in how much good stuff we have, massively since the Industrial Revolution. Even in my lifetime, people have much more stuff now than when I was a kid. Prior to that, the life of a subsistence farmer was pretty much the same, same sort of house, same sort of food, same sort of farm equipment, going back forever. Compare that to a modern farmer with hundreds of cows instead of 2 or 3.

  • Tiger Tiger
    Tiger Tiger Month ago

    😳🙄🥵 I am going to France in 6 months.... now.... I have add this to the 3.5 mins we have to see France with me family... at one point it was deemed sufficient that dad (,me) would get to see the Eiffel tower by getting to “drive past it”😳..... I’ve spend 25 yrs on lathes... o long not to see that...