John Stuart Mill (1806-73) was educated by his father and through his influence obtained a clerkship at India House. He formed the Utilitarian Society which met to read and discuss essays, and in 1825 he edited Bentham's Treatise upon Evidence. In 1826 he suffered an acute mental crisis and found that poetry helped him recover the will to live, particularly the work of Wordsworth.
Having reconsidered his aims and those of the Benthamite school, he met Harriet Taylor and she inspired a great deal of his philosophy. They married in 1851. Utilitarianism was published in 1861 but before that Mill published his System of Logic (1843), Principles of Political Economy (1848) and On Liberty (1839). His other works include his classic Autobiography (1873). Mill retired in 1858 and became the independent MP for Westminster from 1865 to 1868. He spent the rest of his life in France and died in Avignon.
This volume unites, for the first time, Books IV and V of Mill's great treatise on political economy with his fragmentary chapters on socialism. It shows him applying his classical economic theory to policy questions of abiding concern, particularly the desirability of sustained growth of national wealth and population versus a stationary state, the merits of capitalism versus socialism, and the expedient scope of government intervention in the competitive market economy. His answers to those questions have considerable relevance today, and they serve to illustrate the enduring power and imagination of his distinctive liberal utilitarian philosophy. In his introduction, Jonathan Riley clarifies Mill's approach, considers what constitutes the Millian Utopia, and shows how examination of such an ideal society provides valuable insights into the structure of his philosophy. ABOUT THE SERIES: For over 100 years Oxford World's Classics has made available the widest range of literature from around the globe. Each affordable volume reflects Oxford's commitment to scholarship, providing the most accurate text plus a wealth of other valuable features, including expert introductions by leading authorities, helpful notes to clarify the text, up-to-date bibliographies for further study, and much more.
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