Jean-Charles-Leonard Simonde De Sismondi (May 9, 1773 - June 25, 1842) on Class Warfare and Exploitation

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(1773 - 1842)

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.)


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Quote #40 on Economic Struggle Quotes >> Class Warfare and Exploitation

“Whenever he [the worker] bargained with a master-workman for the exchange of labor against subsistence, the condition he stood in was always disadvantageous, since his need of subsistence and his inability to procure it of himself, were far greater than the master's need of labor; and therefore he almost constantly narrowed his demand to bare necessaries, without which the stipulated labor could not have proceeded...”

Source: "Political Economy," by Jean-Charles-Leonard Simonde de Sismondi, 1815 Chapter 2.

"Political Economy," by Jean-Charles-Leonard Simonde de Sismondi, 1815

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July 14, 2022; 2:00:28 PM (UTC)
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