rationalinquirer:

If you’re like most people, you’ve been taught that the Industrial Revolution is the Achilles heel of free-market economics. Let a proponent of limited government make an argument ever so principled, your mention of children suffering in a coal mine will have him reaching for the white flag. After all, who’s going to defend poverty, squalor, filthy living conditions and profiteering? 

Ironically, that’s precisely what you’re doing when you paint the Industrial Revolution as a period of exploitation and misery. F.A. Hayek wrote in “Capitalism and the Historians” that “[t]here is…one supreme myth which more than any other has served to discredit the economic system to which we owe our present-day civilization….It is the legend of the deterioration of the position of the working classes in consequence of the rise of ‘capitalism.’” 

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Worth reading.