Jean-Charles-Leonard Simonde De Sismondi (May 9, 1773 - June 25, 1842) on Poverty and Unemployment

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RevoltSource Economic Struggle Economic Struggle Quotes Poverty Unemployment 3

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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 #3 on Economic Struggle Quotes >> Poverty and Unemployment

“But in a country where population is already too abundant, the dismissal of more than half the field-laborers is a serious misfortune, particularly at a time when a similar improvement in machinery causes the dismissal of more than half the manufacturing population of towns. The nation is nothing else but the union of all the individuals who compose it, and the progress of its wealth is illusory, when obtained at the price of general wretchedness and morality.”

Source: "Political Economy," by Jean-Charles-Leonard Simonde de Sismondi, 1815 Chapter 3.

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

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May 1, 2020; 6:13:01 PM (UTC)
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July 14, 2022; 1:52:39 PM (UTC)
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