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" "When a society moves from allocating resources by custom and tradition to allocating resources by markets, they may be said to have undergone an industrial revolution.
Disputed attribution. This quote's attribution is contested.
Arnold Toynbee (23 August 1852 – 9 March 1883) was an English economic historian noted for his social commitment and desire to improve the living conditions of the working classes; he was the uncle of Arnold J. Toynbee.
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The destruction of the old bonds between employers and workmen was not peculiar to manufactures; it came to pass in agriculture also. An agrarian as well as an industrial revolution had taken place. Scientific methods of cultivation had been substituted for unscientific; vast enclosures had been made; traces of the old three-field system of apportioning the land were fast disappearing; small farms were giving way to large. A new race of farmers, corresponding to the new race of manufacturers, had sprung into existence, who, enriched by the high prices which prevailed during the great war, changed their habits of life. The labourer ceased to be a member of the farmer's household, and, to use Cobbett's words, was thrust out of the farm-house into a hovel.
There remains the ordinary Communist solution. This has taken various forms; the simplest being a voluntary association of individuals based on the principle of common property, and in which every person works for the community according to fixed rules. There are many successful instances of this, on a small scale, in the United States, but we cannot suppose such a solution to be possible for society as a whole. It has only been tried with picked materials, whereas our object is rather to improve the great mass of the population. The Communism of recent European theorists, of whom the best known is Lassalle, presents a somewhat different aspect. It aims at the appropriation of all instruments of production by the State, which is to take charge of the whole national industry and direct it. But the practical difficulty of such a scheme is obviously overwhelming. The objections to a Communistic solution do not apply to Socialism in a more modified shape. Historically speaking, Socialism has already shown itself in England in the extension of State interference. It has produced the Factory Laws, and it is now beginning to advance further and interfere directly in the division of produce between the workmen and their employers