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Critics of Capitalism - Victorian Reactions to 'Political Economy' (Paperback)
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Critics of Capitalism - Victorian Reactions to 'Political Economy' (Paperback)
Series: Cambridge English Prose Texts
Expected to ship within 12 - 17 working days
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By the start of the Victorian period the school of British
economists acknowledging Adam Smith as its master was in the
ascendancy. 'Political Economy', a catch-all title which ignored
the diversity of viewpoints to be found amongst the discipline's
leading proponents, became associated in the popular mind with
moral and political forces held to be uniquely conducive to the
progress of an increasingly industrialised and competitive society.
'Political Economy' served in turn as the focus for critics of
equally diverse moral and political persuasions, who sought to
challenge the materialism of contemporary society and offer their
own assessments of the profound social changes of the time. In the
introductory essay to the collection of readings from such 'critics
of capitalism', the editors review the principles of the early
economists, the way in which these principles were appropriated and
applied by their Victorian successors and the contrasting modes
which critics of popular economic ideas assumed. Subsequent
extracts from the writings of the Owenite Socialist John Bray,
Carlyle, Marx and Engels, J. S. Mill, Ruskin, Arnold, T. H. Green,
William Morris and G. B. Shaw, demonstrate both the breadth of the
possible grounds for ideological opposition to the prevailing
philosophy and the shifting nature of the debate as 'Political
Economy' itself was revealed as incapable of explaining or
responding to the changing conditions of the 1870s. Headnotes to
the extracts describe the genesis of individual debate and discuss
distinctive stylistic features. Annotation in the form of footnotes
and endnotes has been designed to gloss obscure allusions and
arguments. In making more accessible the socio-economic writings of
those authors now better known for their imaginative work, this
volume will enable readers to reach a more profound appreciation of
the central role such work played in developing the moral vision
embodied in their more lastingly popular books and essays.
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