James Mill Quotes


The labourer has neither raw materials nor tools. These are provided for him by the capitalist. For making this provision the capitalist of course expects a reward


Citations

James Mill, 1773-1836 English Political Economist, Quoted in Thomas Hodgskin, Labour Defended against the Claims of Capital, 1825

Sourced by: Eigen's Political and Historical Quotations

Related Quotes

The first sentence is often quoted by conservatives in defense of the capitalistic system. However most do not realize that Haldane was actually a socialist who was opposed to capitalism. They were unaware of the second sentence which would make them as unhappy as the first made them happy.


James Mill
James Mill
  • Born: April 6, 1773
  • Died: June 23, 1836
  • Nationality: English
  • Profession: Historian

James Mill was a Scottish historian, economist, political theorist, and philosopher. He is counted among the founders of the Ricardian school of economics. He also wrote the monumental work The History of British India. He was the first writer to divide Indian history into three parts: Hindu, Muslim and British, a classification which has proved surpassingly influential in the field of Indian historical studies, but which is seen in recent decades as being deeply problematic.