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A history of economic doctrines

Note 466 — Chapter II · : SAINT-SIMON, THE SAINT-SIMONIANS, AND THE BEGINNINGS OF COLLECTIVISM

R. (Robert) Richards translation

Despite the fact that the oral exposition of the doctrine was the work of Bazard and was prepared for the press by his disciples—Hippolyte Carnot among others—most of the economic ideas contained in it must be attributed to Enfantin. Enfantin also was responsible for the majority of the economic articles that appeared in Le Producteur. But the doctrine set forth in Le Producteur differs considerably from that expounded in the Exposition. Interest and rent are subjected to severe criticism as tributes paid to idleness by industry. Inheritance, on the other hand, though treated with scant sympathy, is not condemned. A lowering of the rate of interest would, Enfantin thinks, help to enfranchise the workers, and a sound credit system would solve the greatest of modern problems—that is, it would reconcile workers and idlers, “whose interests will never again be confused with the general interest, inasmuch as the possession of the fruits of past labour will no longer constitute a claim to the enjoyment of the benefits of labour in the present or future.” (Le Producteur, vol. ii, p. 124.) These ideas are more fully developed in the Exposition.

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