Why did mobs smash newly invented machines in factories in the early 1800s

The mobs smashed newly invented machines as a form of protest against the insertion of the machines in textile industry. The machines changed the whole process of production and competition in the marketing, the machines speed up the production process in some case 100 times more than what a human would spend to do a job. So the machinery threatens human jobs positions and salaries in the factories.

can we see the cartoon?

nationalization is the set of dispositions and operations by means of which the state assumes, in varied form, the administration of private companies, of groups of companies or of the totality of certain economic sectors previously managed by individuals, such as the land portions. nationalization is the opposite of privatization. it is also called nationalization of the means of production, although a nationalized company can be previously both national and foreign ownership. nationalization or nationalization is a very characteristic action of ideologies such as socialism and nationalism.