-icon.png "Image from WikiMedia.org"){kind=icon} | Jean-Charles-Leonard Simonde De Sismondi (May 9, 1773 - June 25, 1842) on Economics and Competition(published by RevoltSource) |
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| Jean-Charles-Leonard Simonde De Sismondi (May 9, 1773 - June 25, 1842) on Economics and Competition(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.)
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Quote #10 on Economic Struggle Quotes >> Economics and Competition
“...they merely engage to work by the day, at a fixed wage, on the farm where they live; but their competition with each other has forced them to be satisfied with a wage of the lowest possible kind.”
Source: "Political Economy," by Jean-Charles-Leonard Simonde de Sismondi, 1815 Chapter 3.
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