Jean-Charles-Leonard Simonde De Sismondi (May 9, 1773 - June 25, 1842) on Class Warfare and Domination(published by RevoltSource) |
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Swiss Historian, Political Economist, best Known for his Works on French and Italian History, one of the First Liberal Critics of Laissez-faire Economics, Pioneering Advocate of Unemployment Insurance, Sickness Benefits, and a Progressive Tax
: A Swiss historian and political economist, who is best known for his works on French and Italian history, and his economic ideas. His Nouveaux principes d'?conomie politique, ou de la richesse dans ses rapports avec la population (1819) represents the first liberal critique of laissez-faire economics. (From: Wikipedia.org.)
Quote #44 on Economic Struggle Quotes >> Class Warfare and Domination
“Wages were the price at which the rich man obtained the poor man's labor in exchange. The division of labor had produced the distinction of ranks.”
Source: "Political Economy," by Jean-Charles-Leonard Simonde de Sismondi, 1815 Chapter 2.
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