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The Political Economy of Progress – John Stuart Mill and Modern Radicalism - Oxford Scholarship Online
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The Political Economy of Progress: John Stuart Mill and Modern Radicalism

Joseph Persky

Abstract

While there had been much radical thought before John Stuart Mill, this volume argues it was Mill, as he moved to the left, who provided the radical wing of liberalism with its first serious analytical foundation, a political economy of progress that still echoes today. A rereading of Mill’s mature work suggests his theoretical understanding of accumulation led him to see laissez-faire capitalism as a transitory system. Deeply committed to the egalitarian precepts of the Enlightenment, Mill advocated gradualism and rejected revolutionary expropriation on utilitarian grounds, not moral qualms: ... More

Keywords: J. S. Mill, radicalism, progress, egalitarianism, utilitarianism, political economy, Marx, Fabians, Rawls

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780190460631
Published to Oxford Scholarship Online: June 2016 DOI:10.1093/acprof:oso/9780190460631.001.0001

Authors

Affiliations are at time of print publication.

Joseph Persky, author
Professor of Economics, University of Illinois at Chicago