International Scientific Journals
of Scientific Technical Union of Mechanical Engineering "Industry 4.0"

If we assume the definition of political economy as a science responsible for the distribution of resources and goods in society, we will find a fundamental reason and a motive to be interested in the issue of technical progress. We will consider technical progress as a social, economic and political phenomenon that is at the heart of many debates on behalf of “optimistic” political economists and others who have a more “pessimistic” vision. Our study is based on the attitude of some of the most famous political economists from the period of the 18^th and 19^th century during which political economy gets institutionalized and the industry develops revolutionary.