Jean-Charles-Leonard Simonde De Sismondi (May 9, 1773 - June 25, 1842) on War and Capitalism(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 #14 on Political Struggle Quotes >> War and Capitalism
“States...rush headlong, with light hearts, into ruinous wars, and persist in them with obstinacy; though the voice of humanity calls for peace in vain, the superiority of their nation does not yet appear sufficiently established, their enemy is not yet sufficiently humbled; the work which they thought accomplished has been overturned; it must be reestablished at any price. Present resources, however, are exhausted, and recourse is had to borrowing: credit is still entire; the national capitals are drained away from commerce, and placed, one after another, at the disposal of a minister, who dissipates them, and replaces them by assignments on the future; and the passion which blinded men for a few months, condemns their posterity to suffering for ages.”
Source: "Political Economy," by Jean-Charles-Leonard Simonde de Sismondi, 1815 Chapter 6.
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