Effectively, industrialization cannot really occur without some sort of capitalism developing first? Without a class in control that sought private profit the things wouldn't really line up?
Theoretically, the merchant class usurping the priestly class in one of the ancient city-states could result in just such a focus on profit leading to the formation of a proto-capitalism, but I don't see it as particuarly likely. The question to ask would be what phenomena allowed capitalism to be codified IOTL? The answer would seem to lie somewhere with the Columbian Exchange, as with the problem of food production.Some of the more famous clay tablets of Mesopotamia show that credit, advanced payment, investment, and debt were all well known financial practices even by the late bronze age period.