Jean-Charles-Leonard Simonde De Sismondi (May 9, 1773 - June 25, 1842) on Class Warfare and The State(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 #38 on Economic Struggle Quotes >> Class Warfare and The State
“Thus, nearly all the favors which governments confer on trade and manufactures, are contrary even to sound policy or justice; and, judging of them by the law of profit and loss, we should infer, that all this attention, bestowed by government on trade, had done more ill than good. But political economy is, in great part, a moral science. After having calculated the interests of men, it ought also to foresee what will act upon their passions. Ruled, as they are, by self-interest, pointing out their advantage will not be sufficient to determine their pursuit of it.”
Source: "Political Economy," by Jean-Charles-Leonard Simonde de Sismondi, 1815 Chapter 4.
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