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
Many a present-day socialist, without acknowledging the fact, perhaps
without knowing it, loves to repeat the arguments which Sismondi was the
first to employ, to stir up his indifferent contemporaries.
CHAPTER II: SAINT-SIMON, THE SAINT-SIMONIANS, AND THE BEGINNINGS OF
COLLECTIVISM
Sismondi, by supplementing the study of political economy by a study
of social economics, had already much enlarged the area traced for the
science by its founders. But while giving distribution the position of
honour in his discussion, he never dared carry his criticism as far as
an examination of that fundamental institution of modern society—private
property. Property, at least, he thought legitimate and necessary. Every
English and French economist had always treated it as a thing apart—a
fact so indisputable and inevitable that it formed the very basis of all
their speculations.
Suddenly, however, we come upon a number of writers who, while definitely
rejecting all complicity with the earlier communists and admitting
neither equality of needs nor of faculties, but tending to an agreement
with the economists in claiming the maximum of production as the one aim
of economic organisation, dare lay their hands upon the sacred ark and
attack the institution of property with whole-hearted vigour. Venturing
upon what had hitherto been holy ground, they displayed so much skill and
courage that every idea and every formula which became a commonplace of
the socialistic literature of the later nineteenth century already finds
a place in their system. Having definite ideas as to the end which they
had in view, they challenged the institution of private property because
of its effects upon the distribution and production of wealth. They
cast doubt upon the theories concerning its historical evolution, and
concluded that its abolition would help the perfection of the scientific
and industrial organisation of modern society. The problem of private
property was at last faced, and a recurrence of the discussion was
henceforth to become a feature of economic science.[435]
Public-domain text, read in full here on John Shaqi.
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