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Excerpt from The Sociological Implications of Ricardo's Economics: A Dissertation
Few names in the field of social science in the nineteenth Century outshine that Of David Ricardo. Himself a man of affairs, he assumed without serious dispute the place Of leadership Of the academic thinking on economic subjects, and few leaders have been followed with more loyal devotion than he. Moreover, the importance Of his position has not always been due to a' conscious attitude Of admiration. In fact his detractors have done almost as much to center attention upon his work as have his most faithful disciples. This is doubtless due to the fact that his forcefulness Of thought gave an authoritative air to his work that prevented even those who shuddered at his conclusions from questioning the ac curacy Oi his conclusions if his foundations were granted. Bonari has pointed out that, notwithstanding the close friendship of Mal thus and Ricardo, they were really engaged in contending for the leadership of the science of political economy that traced its lineage through the Wealth of Nations. Although each was too modest to have entertained such an idea had it been broached to him, they did represent methods Of economic thinking which Bonar has compared respectively to the Arminianism and Calvinism of modern theology. The Calvinism of Ricardo won, and the economic think ing of the nineteenth century was, to a very considerable extent, cast in the mold furnished by the Principles of Political Economy and Taxation.
But, as already noted, this influence was not exerted upon willing disciples only. While the Principles became the holy' writ of capitalism, it also became the storehouse of proof-texts for socialism. SO far as Ricardo had attempted to draw conclusions from assumed conditions, his results were accepted as authoritative.
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The Sociological Implications of Ricardo's Economics: A Dissertation
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Paperback. Zustand: New. Print on Demand. This book examines how the economic philosophies in David Ricardo's 19th-century work laid the ideological foundation for modern capitalism. While Ricardo saw his work as an objective analysis, the author's in-depth review of Ricardo literature and analysis of the text reveals his conclusions were based on assumptions that failed to account for broader social contexts. The author argues that the influence of Ricardo's individualism and belief in absolute freedom in all areas of life, including economics, created a distorted view of how economies worked. The book concludes that Ricardo's work, though an important contribution to economic thought, should not be seen as a value-neutral set of principles. Instead, it is a product of its time and is full of the biases and blind spots that were common in the era. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9780243510887_0
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