Principles of Political Economy: And, Chapters on Socialism

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Oxford University Press, 1998 - 450 pages
This volume unites, for the first time, Books IV and V of Mill's great treatise on political economy with his fragmentary chapters on socialism. It shows him applying his classical economic theory to policy questions of abiding concern, particularly the desirability of sustained growth of national wealth and population versus a stationary state, the merits of capitalism versus socialism, and the expedient scope of government intervention in the competitive market economy. His answers to those questions have considerable relevance today, and they serve to illustrate the enduring power and imagination of his distinctive liberal utilitarian philosophy. In his introduction, Jonathan Riley clarifies Mill's approach, considers what constitutes the Millian Utopia, and shows how examination of such an ideal society provides valuable insights into the structure of his philosophy.

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Contents

Introduction
vii
Note on the Text
xlix
Explanatory Notes
437
Copyright

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About the author (1998)


Jonathan Riley is Associate Professor, Murphy Institute, Tulane University. He is also the author of Liberal Utilitarianism: Social Choice Theory and J. S. Mill's Philosophy (OUP, 1988).

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