Skip to main content Accessibility help
×
Hostname: page-component-78c5997874-4rdpn Total loading time: 0 Render date: 2024-11-13T03:52:12.477Z Has data issue: false hasContentIssue false

3 - The Romantics and the political economists

from Part I - The Ends of Enlightenment

Published online by Cambridge University Press:  28 May 2009

Get access

Summary

The field of political economy assumed its initial shape over the course of the eighteenth century in Britain, especially in the work of Adam Smith, and had become a powerful influence on a wide range of writers even before the revisions and reconceptions of the field by William Godwin, Thomas Robert Malthus, David Ricardo and Thomas De Quincey. Concepts basic to the developing discipline, such as the labour theory of value, the necessity of letting markets grow and change organically, and the importance of population size as an indicator of a nation’s well-being, were widely accepted at the close of the century, even by those who later turned into the ‘Lake Poets’. In 1800, for example, Coleridge defended Adam Smith’s opinion that grain markets will eventually ‘find their own level’ (like rivers) and so should not be artificially manipulated (like pumps). As this example indicates, eighteenth-century British political economy, which was a product of the Scottish Enlightenment, and nascent Romanticism emphasized the natural processes that bring humans and their environments into reciprocal relations. Both thought the life of the nation was constituted by the accumulated daily experiences and choices of common people, rather than the decisions of the powerful; both looked beyond the rational faculties (favoured by French philosophes) to emotions and sensations for the deepest springs of human motivation; and both tended to rely on free individuals and their instincts, rather than changes imposed by the state, to bring about social progress.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2009

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Bentham, Jeremy, Bentham’s Political Thought, ed. Parekh, Bhikhu, New York: Barnes and Noble, 1973.
Bentham, Jeremy, Deontology, Together with a Table of the Springs of Action, and the Article on Utilitarianism, ed. Goldworth, Amnon, Oxford: Clarendon Press, 1983.
Blaug, Mark, Ricardian Economics: A Historical Study, New Haven: Yale University Press, 1958.
Burke, Edmund, Philosophical Enquiry into the Origin of Our Ideas of the Sublime and the Beautiful, ed. Phillips, Adam, Oxford: Oxford University Press, 1998.
Calleo, David P., Coleridge and the Idea of the Modern State, New Haven: Yale University Press, 1966.
Carnall, Geoffrey, Robert Southey and His Age: The Development of a Conservative Mind, Oxford: Clarendon Press, 1960.
Caygill, Howard, Art of Judgement, London: Basil Blackwell, 1989.
Chandler, James, ‘Ricardo and the Poets: Representing Commonwealth in the Year of Peterloo’, The Wordsworth Circle 25 (Spring 1994),Google Scholar
Coleridge, Samuel Taylor, The Friend, in The Collected Works of Samuel Taylor Coleridge, vol. IV, ed. Rooke, Barbara E., Princeton, NJ: Princeton University Press / London: Routledge and Kegan Paul, 1969.
Coleridge, Samuel Taylor, Lay Sermons, in The Collected Works of Samuel Taylor Coleridge, vol. VI, ed. White, R. J., Princeton, NJ: Princeton University Press / London: Routledge and Kegan Paul, 1972.
Coleridge, Samuel Taylor,‘Letter to the Morning Post: 14 October 1800’, Essays on His Time in the Morning Post and the Courier, in The Collected Works of Samuel Taylor Coleridge, vol. III, ed. Erdman, David V., Princeton, NJ: Princeton University Press / London: Routledge and Kegan Paul, 1978.
Coleridge, Samuel Taylor,On the Constitution of the Church and State, in The Collected Works of Samuel Taylor Coleridge, vol. X, ed. Colmer, John, Princeton, NJ: Princeton University Press / London: Routledge and Kegan Paul, 1976.
Coleridge, Samuel Taylor, The Watchman, in The Collected Works of Samuel Taylor Coleridge, vol. II, ed. Winer, Bart, Princeton, NJ: Princeton University Press / London: Routledge and Kegan Paul, 1970.
Colmer, John, Coleridge: Critic of Society, Oxford: Clarendon Press, 1959.
Connell, Philip, Romanticism, Economics and the Question of Culture, Oxford: Oxford University Press, 2001.
De Quincey, Thomas, The Logic of Political Economy, vol. X, The Works of Thomas De Quincey, New York: Hurd and Houghton, 1878.
Deane, Seamus, Foreign Affairs: Essays on Edmund Burke, Notre Dame: University of Notre Dame Press, 2005.
Eastwood, David, ‘Robert Southey and the Intellectual Origins of Romantic Conservatism’, English Historical Review 411 (1989).Google Scholar
Eastwood, David,‘Ruinous Prosperity: Robert Southey’s Critique of the Commercial System’, The Wordsworth Circle 25 (1994).Google Scholar
Ferguson, Frances, ‘Malthus, Godwin, Wordsworth, and the Spirit of Solitude’, in Literature and the Body: Essays on Population and Persons, ed. Scarry, Elaine, Baltimore: Johns Hopkins University Press, 1988.
Foucault, Michel, The Order of Things: An Archeology of the Human Sciences, New York: Random House, 1970.
Furniss, Tom, Edmund Burke’s Aesthetic Ideology: Language, Gender, and Political Economy in Revolution, Cambridge: Cambridge University Press, 1993.
Gallagher, Catherine, The Industrial Reformation of English Fiction: Social Discourse and Narrative Form, 1832–67, Chicago: University of Chicago Press, 1985.
Godwin, William, The Enquirer: Reflections on Education, Manners, and Literature, London: G. G. and J. Robinson, 1797.
Godwin, William, Enquiry Concerning Political Justice, ed. Kramnick, Isaac, Harmondsworth: Penguin, 1985.
Goodman, Kevis, Georgic Modernity and British Romanticism: Poetry and the Mediation of History, Cambridge: Cambridge University Press, 2004.
Guillory, John, Cultural Capital: The Problem of Literary Canon Formation, Chicago: University of Chicago Press, 1993.
Harrison, Gary, Wordsworth’s Vagrant Muse: Poetry, Poverty, and Power, Detroit: Wayne State University Press, 1994.
Hilton, Boyd, The Age of Atonement: The Influence of Evangelicism on Social and Economic Thought, 1785–1865, Oxford: Clarendon Press, 1988.
Hilton, Boyd, Corn, Cash, Commerce: Economic Policies of the Tory Governments, 1815–1830, Oxford: Oxford University Press, 1977.
Hume, David, ‘Of the Populousness of Ancient Nations’, in Essays Moral, Political, and Literary, Oxford: Oxford University Press, 1971.
Janowitz, Anne, Lyric and Labor in the Romantic Tradition, Cambridge: Cambridge University Press, 1998.
Kaufman, David, The Business of Common Life: Novels and Classical Economics Between Revolution and Reform, Baltimore: Johns Hopkins University Press, 1985.
Kennedy, William F., Humanist versus Economist: The Economic Thought of Samuel Taylor Coleridge, Berkeley: University of California Press, 1958.
Langer, Cary F., The Coming of Age of Political Economy, 1815–1825, New York: Greenwood, 1987.
Mahieu, D. L., ‘Malthus and the Theology of Scarcity’, Journal of the History of Ideas 40 (1978).Google Scholar
Malthus, Thomas, An Essay on the Principle of Population: Text, Sources and Background, Criticism, ed. Appleman, Philip, New York: Norton, 1976.
Marshall, Alfred, The Memorials of Alfred Marshall, ed. Pigou, Alfred, London: Macmillan, 1925.
McDonagh, Josephine, De Quincey’s Disciplines, Oxford: Clarendon Press, 1994.
McLane, Maureen N., Romanticism and the Human Sciences: Poetry, Population, and the Discourse of the Species, Cambridge: Cambridge University Press, 2000.
Meek, Ronald, Economics and Ideology and Other Essays: Studies in the Development of Economic Thought, London: Chapman and Hall, 1967.
Mill, James, Elements of Political Economy, 2nd edn, London: Baldwin, Cradock, and Joy, 1824.
Mirowski, Philip (ed.), Natural Images in Economic Thought: Markets Red in Tooth and Claw, New York: Cambridge University Press, 1994.
O’Brien, D. P., The Classical Economists, Oxford: Clarendon Press, 1975.
Packham, Catherine, ‘The Physiology of Political Economy: Vitalism and Adam Smith’s Wealth of Nations’, Journal of the History of Ideas 63 (2002).Google Scholar
Pfau, Thomas, Wordsworth’s Profession: Form, Class, and the Logic of Early Romantic Cultural Production, New York: Cambridge University Press, 1993.
Poovey, Mary, A History of the Modern Fact: Problems of Knowledge in the Sciences of Wealth and Society, Chicago: University of Chicago Press, 1998.
Poovey, Mary, Making a Social Body: British Cultural Formation, 1830–1864, Chicago: University of Chicago Press, 1995.
Ricardo, David, The Principles of Political Economy and Taxation, ed. Winch, Donald, London: J. M. Dent and Sons, 1973.
Shapiro, Barbara, A Culture of Fact: England, 1550–1720, Ithaca, NY: Cornell University Press, 2000.
Shelley, Percy Bysshe, ‘Defense of Poetry’, Shelley’s Poetry and Prose, eds. Reiman, Donald H. and Powers, Sharon B., New York: Norton, 1977.
Shelley, Percy Bysshe, ‘A Philosophical View of Reform’, in The Complete Works of Percy Bysshe Shelley, vol. VII (New York: Scribner’s, 1930).Google Scholar
Siskin, Clifford, The Work of Writing: Literature and Social Change in Britain, 1700–1830, Baltimore: Johns Hopkins University Press, 1998.
Smith, Adam, An Inquiry into the Nature and Causes of the Wealth of Nations, Oxford: Clarendon Press, 1976.
Southey, Robert, Rev., An Essay on the Principles [sic] of Population, in The Annual Review and History of Literature for 1803, London: Printed for T. N. Longman and O. Rees by T. Gillet, 1804, vol. II.
Southey, Robert, Essays, Moral and Political, 2 vols., London: John Murray, 1823.
Spiegelman, Willard, Majestic Indolence: English Romantic Poetry and the Work of Art, New York: Oxford University Press, 1995.
Thompson, E. P., Making of the English Working Class, New York: Vintage, 1966.
Thompson, Noel W., The People’s Science: The Popular Political Economy of Exploitation and Crisis, 1816–1834, Cambridge: Cambridge University Press, 1984.
Tribe, Keith, Land, Labor and Economic Discourse, London: Routledge and Kegan Paul, 1978.
Waterman, A. M. C., Revolution, Economics and Religion, 1798–1833, Cambridge: Cambridge University Press, 1991.
Williams, Raymond, Keywords, New York: Oxford University Press, 1985.
Winch, Donald, ‘Higher Maxims: Happiness Versus Wealth in Malthus and Ricardo’, in That Noble Science of Politics, ed. Collini, Stefan, Winch, Donald and Burrow, John, Cambridge: Cambridge University Press, 1983.
Winch, Donald, Riches and Poverty: An Intellectual History of Political Economy in Britain, 1750–1834, Cambridge: Cambridge University Press, 1996.
Winch, Donald,ed., The Principle of Political Economy and Taxation, London: J. M. Dent and Sons, 1973.
Wordsworth, William, Wordsworth’s Poetical Works, ed. Hutchinson, Thomas and De Selincourt, Ernest, Oxford and New York: Oxford University Press, 1936.

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×