Jean Charles Léonard de Sismondi, Date of Birth, Place of Birth, Date of Death


Jean Charles Léonard de Sismondi

Swiss economist and historian

Date of Birth: 09-May-1773

Place of Birth: Geneva, Canton of Geneva, Switzerland

Date of Death: 25-Jun-1842

Profession: economist, historian

Nationality: Switzerland

Zodiac Sign: Taurus

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About Jean Charles Léonard de Sismondi

  • Jean Charles Léonard de Sismondi (also known as Jean Charles Leonard Simonde de Sismondi) (French: [??~ ?a?l le?na? d? sism?~di]; 9 May 1773 – 25 June 1842), whose real name was Simonde, was a historian and political economist, who is best known for his works on French and Italian history, and his economic ideas.
  • His Nouveaux principes d'économie politique, ou de la richesse dans ses rapports avec la population (1819) represents the first liberal critique of laissez-faire economics.
  • He was one of the pioneering advocates of unemployment insurance, sickness benefits, a progressive tax, regulation of working hours, and a pension scheme.
  • He was also the first to coin the term proletariat to refer to the working class created under capitalism, and his discussion of mieux value anticipates the Marxist concept of surplus value.
  • According to Gareth Stedman Jones, "much of what Sismondi wrote became part of the standard repertoire of socialist criticism of modern industry."

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