From the Theory of Five Stages to the “Industrial and Commercial Regime”

Jean-Pierre Potier ()
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Jean-Pierre Potier: Lumière University Lyon 2

Chapter Chapter 2 in Léon Walras, Economist and Liberal Socialist, 2025, pp 21-30 from Springer

Abstract: Abstract In this chapter, we will examine how Léon Walras considers the progressProgress of humanity, during the xixth century, towards the most advanced stage of economic historyHistory, which he calls the “industrial and commercial regime”. We will thus discover his ideas related to “modern industry” at this stage and examine his understanding of the industrial revolutionRevolution(s), the role ofIndustrial revolution machinery, and the relationship between science and industry.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spshcp:978-3-032-04670-3_2

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DOI: 10.1007/978-3-032-04670-3_2

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