“Assume that the new elite were clearly and simply to proclaim its intentions which are to supplant the old elite; no one would come to its assistance, it would be defeated before having fought a battle. On the contrary, it appears to be asking nothing for itself, well knowing that without asking anything in advance it will obtain what it wants as a consequence of its victory.”
Quote by Vilfredo Pareto
Work
Manual of political economy
This book delves into the foundational theories and concepts of political economy, examining the interplay between economic policies and social structures. It covers a range of topics including market dynamics, government intervention, and the historical development of economic thought. more
Author
Vilfredo Pareto
Italian economist known for his theories on economic efficiency and income distribution. Pareto is famous for his 80/20 rule, which states that 80% of the results come from 20% of the causes. His theories have had a profound impact on economics, sociology, and political science. more
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