John Stuart Mill Principles of Political Economy, 1873, p. 351.

The opening of a foreign trade, by making them acquainted with new objects, or tempting them by the easier acquisition of things which they had not previously thought attainable, sometimes works a sort of industrial revolution in a country whose resources were previously undeveloped for want of energy and ambition in the people; inducing those who were satisfied with scanty comforts and little work to work harder for the gratification of their new tastes, and even to save, and accumulate capital, for the still more complete satisfaction of those tastes at a future time.

— John Stuart Mill on Industrial Revolution

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The opening of a foreign trade, by making them acquainted with new objects, or tempting them by the easier acquisition of things which they had not previously thought attainable, sometimes works a sort of industrial revolution in a country whose resources were previously undeveloped for want of energy and ambition in the people; inducing those who were satisfied with scanty comforts and little work to work harder for the gratification of their new tastes, and even to save, and accumulate capital, for the still more complete satisfaction of those tastes at a future time." in the context of "John Stuart Mill Principles of Political Economy, 1873, p. 351." to mean that wisdom is timeless.

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Source: Wikiquote: "Industrial Revolution" (Quotes: Quotes are arranged alphabetically by author, M - R) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
John Stuart Mill

About John Stuart Mill

John Stuart Mill (20 May 1806 – 8 May 1873), also known as J. S. Mill, was an English political philosopher and economist who was an advocate of utilitarianism.