The inventor who was “strangled or drowned”
The story comes from an Italian abbot, Lancellotti, writing in 1579 (published in Venice in 1636). He reported that Anthony Müller had seen, about 50 years earlier in Danzig, a machine that wove four to six pieces at once. The mayor, he wrote, feared it would throw workmen onto the streets and had the inventor “secretly strangled or drowned” (Karl Marx, Capital vol. 1 (1867), ch. 15 §5 (PDF)). Karl Marx quoted it in Capital in 1867, which is largely why it is still repeated (Karl Marx, Capital vol. 1 (1867), ch. 15 §5 (PDF)).
It is one second-hand sentence, about events half a century earlier, with no named inventor. We treat it as a legend. A multi-shuttle ribbon loom does appear to have been at work in Danzig towards the end of the 16th century (Wikipedia, “Ribbon” (from the 1911 Encyclopædia Britannica)).
Real laws against a real machine
The bans are better documented. In Leiden, ribbon-weavers’ riots led the town to prohibit the loom, and the Dutch States General issued restrictive decrees in 1632 and 1639 before allowing it under conditions in 1661. It was banned in Cologne in 1676, and an imperial edict of 1685 forbade it throughout Germany. In Hamburg it was publicly burned. Saxony allowed it openly only from 1765 (Karl Marx, Capital vol. 1 (1867), ch. 15 §5 (PDF)). When it reached London in 1676 it caused disturbances but doesn’t appear to have been banned (Wikipedia, “Ribbon” (from the 1911 Encyclopædia Britannica)).
The bans delayed the machine but didn’t stop it. The ribbon loom became a forerunner of the power loom (Karl Marx, Capital vol. 1 (1867), ch. 15 §5 (PDF)).
Elizabeth I and William Lee’s stocking frame
William Lee invented the stocking frame, a knitting machine, in 1589. The popular story says Elizabeth I refused him a patent because it would ruin her hand-knitting subjects, telling him, “Consider thou what the invention could do to my poor subjects” (Wikipedia, “William Lee (inventor)”).
That speech doesn’t appear in the record until the 19th century, in a history of the framework knitters, and modern historians dismiss it (Wikipedia, “William Lee (inventor)”) (Wikipedia, “Stocking frame”). What is solid is that the frame spread anyway. Two centuries later the Nottinghamshire stockingers who worked it became the first Luddites (Smithsonian Magazine, 2011 (Richard Conniff)) (see the Luddites).
What the popular version gets wrong
Popular version Danzig executed the inventor of the ribbon loom.
What the record shows Unverified legend: a single second-hand report, written decades later and printed in 1636 (Karl Marx, Capital vol. 1 (1867), ch. 15 §5 (PDF)).
Popular version Queen Elizabeth said the stocking frame would make her subjects beggars.
What the record shows The quote first appears in the 19th century; historians dismiss it (Wikipedia, “William Lee (inventor)”).
Popular version Bans protected the weavers.
What the record shows For a while. The loom kept spreading and became a forerunner of the power loom (Karl Marx, Capital vol. 1 (1867), ch. 15 §5 (PDF)).
What it means for today
Calls to ban or slow AI to protect jobs have long precedents. History suggests bans buy time but rarely change the destination; the open question is who adopts first. See Personal AI agents.
The Future: Personal AI agents →
Companies we own that connect to this story (tickers only, never position sizes):
Sources
- Smithsonian Magazine, 2011 (Richard Conniff)
- Karl Marx, Capital vol. 1 (1867), ch. 15 §5 (PDF)
- Wikipedia, “Ribbon” (from the 1911 Encyclopædia Britannica)
- Wikipedia, “William Lee (inventor)”
- Wikipedia, “Stocking frame”
Last reviewed: 22 Oct 2026. Historical figures are quoted as the sources publish them; where sources disagree, we say so.
Not investment advice. History is a lens, not a forecast. This page is opinion and education, researched and presented with the help of AI analyst personas, and may contain errors. The EarlyConviction team holds positions in NOW, PLTR, NVDA and may buy or sell at any time. Read the disclaimer.