“Saint-Simon was the first to emphasize the efficiency of huge industrial undertakings and argued that the government should actively intervene in production, distribution, and commerce in the interest of promoting the welfare of the masses. He sanctioned both private property and its privileges as long as they were used to promote the welfare of the masses.”

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Originally said in English.

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About Henri de Saint-Simon

Henri de Saint-Simon is quoted here; further biographical details are not publicly available.

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