All of the parts of a productive system that contribute to marketable products; the productive elements in a particular economy. This includes the entire network of firms, regulatory bodies (like government), infrastructure (roads, telecommunications), and financial intermediaries (banks, thrifts).
In a global economy, there are many industrial systems. In fact, it's quite possible that a single town could have companies belonging to different industrial systems; e.g., a paper mill near a biotech research facility. Almost none of the productive systems share potential employees or potential markets; a recession for the biotech business could--and probably would--completely spare the paper mill. Moreover, the managers of the two businesses probably want opposite policies: the mill owners want low taxes and small government, while the biotech researchers want big spending on education and infrastructure.
Much confusion is caused by calling the industrial system the "economy." The industrial system is not the economy. The industrial system is an organic entity within a greater economy. Various policies may be beneficial for this or that industrial system, with an ambiguous effect (if any) on the economy.
In a global economy, there are many industrial systems. In fact, it's quite possible that a single town could have companies belonging to different industrial systems; e.g., a paper mill near a biotech research facility. Almost none of the productive systems share potential employees or potential markets; a recession for the biotech business could--and probably would--completely spare the paper mill. Moreover, the managers of the two businesses probably want opposite policies: the mill owners want low taxes and small government, while the biotech researchers want big spending on education and infrastructure.
Much confusion is caused by calling the industrial system the "economy." The industrial system is not the economy. The industrial system is an organic entity within a greater economy. Various policies may be beneficial for this or that industrial system, with an ambiguous effect (if any) on the economy.
The family model was incorporated into the industrial system with the agent (who was the chief manager) filling the father's role. The same model was also expressed in the hierarchical management structure... The overseer was the "father" of his workroom and was expected to treat the workers like his children.
(Tamara K. Hareven, *Family Time and Industrial Time* 1982, p.4)
(Tamara K. Hareven, *Family Time and Industrial Time* 1982, p.4)
by Abu Yahya February 24, 2010
Get the Industrial System mug.N. The proper term for a double ear piercing adorned with a straight barbell. Normally, these piercings are located on the upper cartilage of the ear.
Derived from how it is referenced by both wearers and onlookers of the piercing.
Generally worn by "Punks" and the like to appear rebellious, pugnacious, disobedient, unruly, etc.
Derived from how it is referenced by both wearers and onlookers of the piercing.
Generally worn by "Punks" and the like to appear rebellious, pugnacious, disobedient, unruly, etc.
"Check out my Sweet Industrial"
"Hey, I heard Nancy just got a Sweet Industrial"
"I dare you to get a Sweet Industrial"
etc.
"Hey, I heard Nancy just got a Sweet Industrial"
"I dare you to get a Sweet Industrial"
etc.
by Jay Jay Cool Whip April 8, 2010
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instead of calling someone just being a plain ol' bag of douche OR douche bag, they kick it up a notch by large sizing it.
You call someone this when they are of annoyance to you, or just plain retarded in general.
see also: douche bag, industrial
synonym(s): lame, stupid, moron
instead of calling someone just being a plain ol' bag of douche OR douche bag, they kick it up a notch by large sizing it.
You call someone this when they are of annoyance to you, or just plain retarded in general.
see also: douche bag, industrial
synonym(s): lame, stupid, moron
Kari: You know Mary? I can't believe what a big douche bag she has been since she's been dating Darby!
Alex: no no! she's being an industrial sized bag of douche!!
Kari: ooh!
Alex: no no! she's being an industrial sized bag of douche!!
Kari: ooh!
by xenu! May 24, 2008
Get the industrial sized bag of douche mug.The cause of frequent misspellings during late night Facebook chats. It only occurs at night and thus is induced by the moon.
Person 1: "Ugh i hvanet eevn srtarted the egnlish paepr."
Person 2: "Dude..."
Person 1: "Oh sorry, I have moon-induced dyslexia"
Person 2: "Dude..."
Person 1: "Oh sorry, I have moon-induced dyslexia"
by heythuritscait April 4, 2011
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