Stan, bud, you're going behind the globe. So when most of us think about capitalism, especially when we think about its downsides, long hours, low wages, miserable working conditions, child labor, unemployed Stans, that's what we're thinking about. Now, admittedly, this is just one definition of industrial capitalism among many, but it's the definition we're going with. Alright, let's go to the Thought Bubble. Industrial capitalism developed first in Britain in the 19th century. Britain had a bunch of advantages. It was the dominant power on the seas, and it was making good money off of trade with its colonies, including the slave trade.