Jean-Charles-Leonard Simonde De Sismondi (May 9, 1773 - June 25, 1842) on Workers and Social Organization(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 #23 on Economic Struggle Quotes >> Workers and Social Organization
“The national interest, however, sometimes also requires that property itself shall pass into hands likely to make a better use of it. It is not for themselves alone that the rich elicit the fruits of the earth; it is for the whole nation; and if, by a derangement in their fortune, they suspend the productive power of the country, it concerns the whole nation to put their property under different managers.”
Source: "Political Economy," by Jean-Charles-Leonard Simonde de Sismondi, 1815 Chapter 3.
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