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The Political Economy of Progress: John Stuart Mill and Modern Radicalism (Oxford Studies in History of Economics) by Joseph Persky is a book available to read on EtoBox.

What is The Political Economy of Progress: John Stuart Mill and Modern Radicalism (Oxford Studies in History of Economics) about?

While There Had Been Much Radical Thought Before John Stuart Mill, Joseph Persky Argues It Was Mill, As He Moved To The Left, Who Provided The Radical Wing Of Liberalism With Its First Serious Analytical Foundation, A Political Economy Of Progress That Still Echoes Today. A Rereading Of Mill's Mature Work Suggests His Theoretical Understanding Of Accumulation Led Him To See Laissez-faire Capitalism As A Transitional System. Deeply Committed To The Egalitarian Precepts Of The Enlightenment, Mill Advocated Gradualism And Rejected Revolutionary Expropriation On Utilitarian Grounds: Gradualism, Not Expropriation, Promised Meaningful Long-term Gains For The Working Classes. He Endorsed Laissez-faire Capitalism Because His Theory Of Accumulation Saw That System Approaching A Stationary State Characterized By A Great Reduction In Inequality And An Expansion Of Cooperative Production. These Tendencies, In Combination With An Aggressive Reform Agenda Made Possible By The Extension Of The Franchise, Promised To Provide A Material Base For Social Progress And Individual Development. The Political Economy Of Progress Goes On To Claim That Mill's Radical Political Economy Anticipated More Than

Author
Joseph Persky
Publisher
Oxford University Press, Incorporated
Published
2016
Language
EN
ISBN
9780190460648
Subjects
Economics, History, Political Science

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