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By Morris Raphael. Cohen

Edited and with a foreword by way of Felix S. Cohen

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American Thought: A Critical Sketch

Edited and with a foreword via Felix S. Cohen

Extra info for American Thought: A Critical Sketch

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In 1874, he became superintendent of an iron foundry in the valley of the Arno. This job allowed him to travel to England and Scotland on business, where he encountered the liberal legislation which had been systematically introduced there from 1846. This new legislation was underpinned by the laissez faire ideology and activism of Richard Cobden, John Bright, Walter Bagehot and others who fronted the free trade movement. The ideas of this movement, which Disraeli famously christened ‘the Manchester School’, were to have a profound influence on Pareto.

The question of whether it is indeed legitimate to employ individual characteristics to describe the behaviours of whole political groups and institutions will provide chapter three with its subject matter. 6 Pareto’s Historical Cycle and the Circulation of Elites Machiavelli hinted at – without properly developing – a cyclical theory involving the rise and fall of civilisations in accordance with a natural law of ‘corso’ and ‘ricorso’. ’ But then: ‘ruin begets laws; those laws, virtue; and virtue begets honor and good success’ (Meisel 1962, 267).

Mill, he wrote enthusiastically on the subjects of proportional representation and the extension of the suffrage, believing along with Mill that an educated mass might one day be trusted to participate responsibly in the political process (see Bucolo 1980, 3 Pareto (1991, 69–70) refers, for example, to the practice begun under the Depretis ministry whereby government would send soldiers to work the fields of large landowners, thus depressing the wage levels of the free-mowers which would otherwise be fixed by free competition.

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