GIPE-PUNE-OIIOI2 - DSpace@GIPE

292 WORLD-CRISIS: INDUSTRIAL REVOLUTIONS
internal colonising") is likely to promote the redistribution
of population according to the local needs of farms
and factories and thus solve the unemployment question
to a certain extent. The economic . structure of Germany,
Great Britain and the U.S.A. is on the eve of being
transformed in a momentous man~er along these lines,
and this is what may be called some of the phases in the
consummation of the "Second Industrial Revolution."
As an integral part of the above process India, like
the other more or less economically backward regions of
to-day, is sure at the same time to rise to a higher plane
of industrialisation and efficiency such as was attained by
the industrial adults during, say, the period from
1870-85. This will be tantamount to India's achieving
more or less the grade of the "First Industrial Revolution."
The "Second Industrial Revolution" of the
adults is organically connected with the "First Industrial
Revolution" of. the youngsters; the two· revolutions constitute
one economic comlex. And in spite of political
boycott and protective tariffs the next half a generation or
generation is likely to witness the working out of this
phase of 'world-economy.'
In plain language, the heightening of the standard
of ]ivi~g among the working classes in Germany, Great
Britain and the U.S.A ... is going to become a reality,­
but only to the extent imd in so far as a simultaneous
improvement takes place in the purchasing power, consumption
scale etc., of the peasants in the Balkan Complex,
Eastern Europe, Russia. China. I~dia, Brazil, Chile.
~frica etc. Arid this is an economic future to which the
students of social science arid world-forces may look forward
in a hopeful manner.