Utopian Socialists Vs Classical Economists

The Classical Economists and the Utopian Socialists During the 19th century, the industrial revolution was in full swing. ... And then came the Utopian Socialist, who answered their cries for help. The Utopian Socialists looked at the current situation and decided that by the use of radical measures, and government control, society could change for the better. In contrast, the classical economists had a less optimistic view of life, believing that government intervention would be wrong and the only kind of working government is one that grows with individual selfishness. ... The Utopian Socialists took a radical stance, believing that a communal reorganization of society was a necessary move to improve the conditions in Europe. ... The first among these Utopian Socialists was Claude Henri Saint-Simon. ... Unfortunately New Harmony also fell apart with it, the desire to create small utopian communities.

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