A history of economic doctrines : $b from the time of the physiocrats to the present dayGide, Charles
History
A history of economic doctrines : $b from the time of the physiocrats to the present day
Gide, Charles
Economics -- History
Governments ought to temper their “blind zeal” instead of urging on
production.[422] Addressing himself to the savants, he begs them
to desist from invention and recall the sayings of the economists,
_laissez-faire_, _laissez-passer_, by giving to the generations which
their inventions render superfluous at least time to pass away. For the
old _régime_, with its corporations and wardens, he had the sincerest
regard, while condemning them as being harmful to the best interests
of production. Still he wondered whether some lesson could not be
gleaned from them which might help us in fixing limits to the abuses of
competition.[423]
Sismondi never seems to have realised that any restriction placed
upon production with a view to alleviate suffering might hinder the
progress and well-being of the very classes that interested him most.
The conviction that the production of Europe was enough to satisfy all
demands supported these erroneous views.[424] Sismondi never suspected
the relative poverty of industrial society, a fact that struck J. B.
Say very forcibly. Moreover, he felt that on this point the policy of
Governments was not so easily modified, a feeling that undermined his
previous confidence.
Since the causes of the evils at present existing in society are (1) the
absence of property, (2) the uncertainty of the earnings of the working
classes, all Government action ought to be concentrated on these points.
The first object to be aimed at, wherever possible, was the union of
labour and property, and Sismondi eulogises the movement towards a new
patriarchal state—that is, towards a revival of peasant proprietorship.
The _Nouveaux Principes_ contains a celebrated description of the
idyllic happiness of such a state. In industry he wished for a return
of the independent artisan. “I am anxious that the industries of the
town as well as country pursuits should be carried on by a great
number of independent workers instead of being controlled by a single
chief who rules over hundreds and even thousands of workers. I hope
to see manufactures in the hands of a great number of capitalists of
average means, and not under the thumb of one single individual who
constitutes himself master over millions. I long to see the chance—nay,
even the certainty—of being associated with the master extended to
every industrious workman, so that when he gets married he may feel
that he has a stake in the industry instead of dragging on through the
declining years of life, as he too often does, without any prospect of
advancement.”[425] This for an end.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account