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John Stuart Mill

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Book Excerpt: 
. . .ttained in exchange for support given to one section of the powerful in its quarrels with another, had the strongest prejudices opposed to them beforehand; but their acquisition was a sign of power gained by the subordinate classes, a means to those classes of acquiring more; it consequently drew to those classes a certain share of the respect accorded to power, and produced a corresponding modification in the creed of society respecting them; whatever advantages they succeeded in acquiring came to be considered their due, while, of those which they had not yet attained, they [21]continued to be deemed unworthy. The classes, therefore, which the system of society makes subordinate, have little reason to put faith in any of the maxims which the same system of society may have established as principles. Considering that the opinions of mankind have been found so wonderfully flexible, have always tended to consecrate existing facts, and to declare what did not yet exist, eit. . . Read More

Community Reviews

Mills' fantastically thorough analysis of economics is remarkable both for its breadth as well as it's continued relevancy.

Some of it has lost any bearing in the modern world (whole chapters devoted to cottier farming!) and some of it remains politically controversial (progressive taxation). JSM's


Ngl chief, this book a boner killer. I get it was written so long ago, but this was drier than the Sahara. I will say however, to JSM’s credit (just realized that John Stuart Mill and Sarah J Maas have the same 3 initials), that PPE contains some of the most progressive ideology concerning the worki

Sometimes its easier to read economic philosophy from the 18th and 19th centuries because of the way it begins simply and then builds upon itself until a complex, but understandable, framework lays before you. JSM does just that and in a far better way than any of his contemporaries or predecessors

What is most interesting to me after reading this book is that, despite the concepts to be somewhat relevant in the modern era, the models and examples given are rather obsolete. Goes to show how much our world has changed in the past 100 years or so.

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