Jean-Charles-Leonard Simonde De Sismondi (May 9, 1773 - June 25, 1842) on Socialism and Human Needs

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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 #6 on Economic Struggle Quotes >> Socialism and Human Needs

“At first, every one procured what he himself intended to consume; but when each had come to work for all, the production of all must be consumed by all; and each, in what he produced, must have an eye to the final demand of the society, for which he destined the fruit of his labor.”

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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May 1, 2020; 6:22:58 PM (UTC)
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July 14, 2022; 1:56:47 PM (UTC)
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