MOST PEOPLE ARE discomfited by radical change, and often for good reason. Both the first Industrial Revolution, starting in the late 18th century, and the second one, around 100 years later, had their victims who lost their jobs to Cartwright's power loom and later to Edison's electric lighting, Benz's horseless carriage and countless other inventions that changed the world. But those inventions also immeasurably improved many people's lives, sweeping away old economic structures and transforming society. They created new economic opportunity on a mass scale, with plenty of new work to replace the old. Read more ...