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22 - Political economy

from IV - Secularity, reform and modernity

Published online by Cambridge University Press:  28 July 2011

Emma Rothschild
Affiliation:
Harvard University
Gareth Stedman Jones
Affiliation:
University of Cambridge
Gregory Claeys
Affiliation:
Royal Holloway, University of London
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Summary

Introduction

The nineteenth century was from the outset an ‘economical age’ or an age of ‘sophisters, oeconomists, and calculators’ (Bishop 1796, ii, p. 296; Burke 1790, p. 113). The ‘administration of things has been perfected at the expense of the administration of men’, the French conservative Louis de Bonald wrote in 1802, of the governments of the new century, and Adam Smith's work was ‘the bible of this material and materialist doctrine’ (Bonald 1802, ii, pp. 89–90). By the end of the century, in the description of the Indian jurist Mahadev Govind Ranade, the great questions of the times were ‘more Economical than Political’; a ‘conflict of practice with theory, not in one, but in all points, not in one place or country, but all over the world’ (Ranade 1906, pp. 5–6).

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Publisher: Cambridge University Press
Print publication year: 2011

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