Jean-Charles-Leonard Simonde De Sismondi (May 9, 1773 - June 25, 1842) on Class Warfare and Property(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 #9 on Economic Struggle Quotes >> Class Warfare and Property
“The trade or the manufactures of a country, are not to be called prosperous, because a small number of merchants have amassed immense fortunes in it. On the contrary, their extraordinary profits almost always testify against the general prosperity of the country.”
Source: "Political Economy," by Jean-Charles-Leonard Simonde de Sismondi, 1815 Chapter 3.
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