By Astrid Kander, Paolo Malanima, Paul Warde
Power to the People examines the numerous yet interconnected relationships among power intake and monetary improvement in Europe over the past 5 centuries. It describes how the normal power economic system of medieval and early smooth Europe was once marked via strong or falling in step with capita strength intake, and the way the 1st commercial Revolution within the eighteenth century--fueled through coal and steam engines--redrew the industrial, social, and geopolitical map of Europe and the area. the second one commercial Revolution persevered this strength growth and social transformation by utilizing oil and electrical energy, yet after 1970 Europe entered a brand new level within which strength intake has stabilized. This ebook demanding situations the view that the outsourcing of heavy in a foreign country is the reason, arguing 3rd business Revolution pushed by way of new info and conversation applied sciences has performed a huge stabilizing role.
Power to the People bargains new views at the demanding situations posed this present day by way of weather switch and top oil, demonstrating that even supposing the trail of recent financial improvement has tremendously elevated our strength use, it has no longer been a narrative of ever-rising and non-stop intake. The e-book sheds gentle at the usually long and complicated adjustments wanted for brand spanking new power platforms to emerge, the position of strength assets in financial development, and the significance of strength potency in selling progress and decreasing destiny power call for.