Principles of Political Economy

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Exploring the foundations of political economy, John Stuart Mill delves into the relationship between economic theory and social philosophy. He examines concepts such as production, distribution, and the role of government in economic affairs. Mill emphasizes the importance of individual liberty and social justice, presenting a nuanced view of capitalism and its implications for society. His work serves as a critical analysis of economic principles, advocating for reforms that promote the welfare of the community while balancing individual rights.