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Quote by John Stuart Mill

Work

Principles of Political Economy: With Some of Their Applications to Social Philosophy

This book delves into the core principles of political economy, examining economic theories and their relevance to broader social and philosophical issues. more

Author

John Stuart Mill
John Stuart Mill

John Stuart Mill was an influential British philosopher, economist, and logician. He is one of the most important figures in 19th-century philosophy and his ideas had a profound impact on political, social, and philosophical thought of the time. more

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“I shall argue that it is the capital stock from which we derive satisfaction, not from the additions to it (production) or the subtractions from it (consumption): that consumption, far from being a desideratum, is a deplorable property of the capital stock which necessitates the equally deplorable activity of production: and that the objective of economic policy should not be to maximize consumption or production, but rather to minimize it, i.e. to enable us to maintain our capital stock with as little consumption or production as possible.”

“We now face the prospect of a kind of global civil war between those who refuse to consider the consequences of civilization's relentless advance and those who refuse to be silent partners in the destruction. More and more people of conscience are joining the effort to resist, but the time has come to make this struggle the central organizing principle of world civilizations.”