The industrial revolution took us from mercantilism to communism in following way: mercantilism-capitalism-communism
The discovery of America gave Britain the opportunity to elevate the mercantilist system to a level of magnificence and glory that it would never have reached otherwise. A substantial boom in cotton textile production and subsequent industrialisation resulted from England's protectionist policies in the triangular Atlantic trade. The rise of industrial capitalism or revolution had major consequences on American life, politics, and foreign policy. For some, this new economy meant a higher standard of living than ever before, with cheap and plentiful material comforts. The socialist movement in 19th-century Europe gave rise to communism. Socialists attributed the hardships of the proletariat (a class of factory workers who laboured in hazardous conditions) to capitalism and democracy when the Industrial Revolution came about.
Governments utilised their economy to strengthen state authority at the expense of other nations in a process known as mercantilism. The goal of governments was to increase bullion wealth and make sure that exports outpaced imports (mostly gold and silver).
Communism is a far-left philosophical, social, political, and economic ideology and movement whose goal is the establishment of a communist society, namely a socioeconomic order based on the idea of common ownership of the means of production, distribution, and exchange—allocating products to everyone in the society.
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