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I don't even know what it's arguing for... I guess something literally about sewing?
Since nobody has made the concluding argument yet, I’ll supply it; the Luddites were correct that it (mechanization) would destroy their lucrative profession, they missed the degree to which it would enable many other lucrative professions, and they were right that many Luddites would not make the transition.
Society was net better off but there were definitely losers in the transition.