A Quote by P. J. O'Rourke

Adam Smith's huge failure was the fact that he did not foresee the industrial revolution. — © P. J. O'Rourke
Adam Smith's huge failure was the fact that he did not foresee the industrial revolution.
I was an active participant in India's key economic reforms, including the third industrial revolution and now the fourth industrial revolution.
Technology is the future, I have seen the third industrial revolution, and we are in the midst of the fourth industrial revolution.
All black people who are even minimally conscious, black people who have ever experienced Europe's technological power crusading in the vanguard of a civilizing mission, have profound feelings of inferiority and bitterly regret the fact that the Industrial Revolution did not agreeably commence in Dahomey or Dakar. Nothing is achieved by concealing this fact.
Growth theory did not begin with my articles of 1956 and 1957, and it certainly did not end there. Maybe it began with 'The Wealth of Nations'; and probably even Adam Smith had predecessors.
In comparison to the French Revolution, the American Revolution has come to seem a parochial and rather dull event. This, despitethe fact that the American Revolution was successful--realizing the purposes of the revolutionaries and establishing a durable political regime--while the French Revolution was a resounding failure, devouring its own children and leading to an imperial despotism, followed by an eventual restoration of the monarchy.
You can learn more from failure than success. In failure you're forced to find out what part did not work. But in success you can believe everything you did was great, when in fact some parts may not have worked at all. Failure forces you to face reality.
Mankind had the agricultural revolution, the industrial revolution, and now this third one, the information revolution.
We led the industrial revolution, the White revolution, now its time for a cultural revolution.
Because I had visited Silicon Valley, I recognized the microprocessor was going to lead the second industrial revolution. We Chinese could not miss that opportunity again - we missed the first industrial revolution already. We put our effort into trying to bring this new technology from the United States to Taiwan. That was the begining of Acer.
The sustainability revolution will, hopefully, be the third major social and economic turning point in human history, following the Neolithic Revolution - moving from hunter-gathering to farming - and the Industrial Revolution
However, the agricultural revolution took thousands of years, the Industrial Revolution took hundreds, and the information revolution only took decades. So, who knows what's going to happen in the next few decades, especially with the women's revolution.
The most serious failure of leadership is the failure to foresee
I am grateful to the fossil fuel industry for bringing us the concentrated carbon that took us through the Industrial Revolution and through the technological revolution and brought us to the gateway of the renewable energy revolution, or what I call the sunlight revolution. But that is where we must part ways. It's the natural order.
But with the Industrial Revolution and introduction of various industrial techniques for purifying sugar, we have a situation in which what we are consuming is not good nutritionally or ecologically.
Let's take Adam Smith, the patron-saint of capitalism, what did he think? He thought the main human instinct was sympathy. In fact, take a look at the word "invisible hand." Which, of course, you learned about, or you think you've learned about. Take a look at the actual way in which he used the phrase. There is almost no relation to what is claimed.
I am always struck by the fact that human awareness of our place in nature, like so much of modern science, began with the Industrial Revolution.
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