Jean-Charles-Léonard Simonde de Sismondi, 1773-1842.

 
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French historian, early socialist and great rival of Jean-Baptiste Say and the French Liberal School.  Simonde de Sismondi was no friend of the rising capitalist industrial system, which he viewed as being detrimental to the interests of the poor and particularly prone to crisis brought about by an insufficient general demand for goods.  His underconsumption thesis was shared by Robert Malthus, and sparked off the General Glut Controversy of the 1820s where their theories were pitted against those of Say, Ricardo and the Classicals.

Major works of J.C.L. Simonde de Sismondi

Resources on J.C.L. Simonde de Sismondi


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