Political Economists: Adams Smith, Karl Marx, John Stuart Mills

VHS

Ad Honorem
Dec 2015
4,494
Florania
#1
Political economy is a convenient and eye-catching term, for it captures many aspects of daily human affairs.
While Jean Jacques Rousseau allegedly suggested the term, a few more prominent people developed the idea
further.
Adam Smith wrote An Inquiry into the Nature and the Cause of Wealth of Nations in 1776, and it may be
considered one of the beginning point.
Karl Marx's Das Kapital is even more well-known both in the academic and the laypeople circles.
John Stuart Mills wrote the Principles of Political Economy, and I have the full electronic version here:
Principles of Political Economy (J.S. Mill, 1871), vol. 1 - Wikisource, the free online library
John Stuart Mills's work is quite long as well; it might be considered an updated version of
An Inquiry into the Nature and the Cause of Wealth of Nations
How are these three major figures different?
Why is Karl Marx held in such high regard?
May John Stuart Mills be underrated here?
I keep trying a little book called What is Political Economy? Such books usually fall into oblivion soon after their publication.
 
Jan 2017
1,276
Durham
#2
Political economy is a convenient and eye-catching term, for it captures many aspects of daily human affairs.
While Jean Jacques Rousseau allegedly suggested the term, a few more prominent people developed the idea
further.
Adam Smith wrote An Inquiry into the Nature and the Cause of Wealth of Nations in 1776, and it may be
considered one of the beginning point.
Karl Marx's Das Kapital is even more well-known both in the academic and the laypeople circles.
John Stuart Mills wrote the Principles of Political Economy, and I have the full electronic version here:
Principles of Political Economy (J.S. Mill, 1871), vol. 1 - Wikisource, the free online library
John Stuart Mills's work is quite long as well; it might be considered an updated version of
An Inquiry into the Nature and the Cause of Wealth of Nations
How are these three major figures different?
Why is Karl Marx held in such high regard?
May John Stuart Mills be underrated here?
I keep trying a little book called What is Political Economy? Such books usually fall into oblivion soon after their publication.
Both Adam Smith and JSM were pretty close to the mark. What they had to say is pretty more or less how we live our lives today, at least in the Western world.

Adam Smith the better of the two as he wasn't a liberal interventionist when it came to foreign lands.
 

VHS

Ad Honorem
Dec 2015
4,494
Florania
#3
Both Adam Smith and JSM were pretty close to the mark. What they had to say is pretty more or less how we live our lives today, at least in the Western world.

Adam Smith the better of the two as he wasn't a liberal interventionist when it came to foreign lands.
What are you expecting from a philosopher who also wrote On Socialism?
 
Jul 2012
760
Australia
#5
Karl Marx is one of the great philosophers of western civilisation.
He was a sharp social scientist
His History was not so great.
His Economics was even worse, and he was a lousy political scientist and activist.