Quando o liberal e o socialista se defrontam: Bastiat, Proudhon e a renda do capital [Liberalism vs. Socialism: Bastiat, Proudhon and capital income]

Carlos Cinelli () and Rogério Arthmar ()

Nova Economia, 2010, vol. 20, issue 3, 509-541

Abstract: This paper deals with the debate involving Bastiat and Proudhon over the legitimacy of the capital income. The first section presents an overview of the French political scenario at the time of the controversy. After that, the economic views of both authors are sketched in light of the liberal and socialist doctrines at the time. The third section introduces Bastiat's and Proudhon's initial contributions with regard to capital and interest concepts. Next, their economic and methodological arguments concerning the nature of a profit orientated society are confronted. The fifth section presents the final discussion over Proudhon's free credit proposal, harshly criticized by Bastiat. As concluding remarks, the effective length of the two protagonists' divergences is evaluated.

Keywords: interest; capital; private property; cost-free credit (search for similar items in EconPapers)
JEL-codes: B11 B12 B15 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.scielo.br/scielo.php?script=sci_pdf&pid ... g=en&nrm=iso&tlng=pt (application/pdf)
http://www.scielo.br/scielo.php?script=sci_arttext ... g=en&nrm=iso&tlng=pt (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nov:artigo:v:20:y:2010:i:3:p:509-541

Ordering information: This journal article can be ordered from
Av. Antonio Carlos, 6627 - Predio da FACE Belo Horizonte, 31270-901 Brazil
https://revistas.fac ... dex.php/novaeconomia

Access Statistics for this article

Nova Economia is currently edited by Gustavo de Britto Rocha

More articles in Nova Economia from Economics Department, Universidade Federal de Minas Gerais (Brazil) Av. Antonio Carlos, 6627 - Predio da FACE Belo Horizonte, 31270-901 Brazil. Contact information at EDIRC.
Bibliographic data for series maintained by Lucas Resende de Carvalho ().