ABSTRACT
England had imposed its own political, bureaucratic, and economic apparatus to imperialistically exploit Indian wealth. Keeping account of the temporal structure of the economic system, Jean Charles Leonard Sismondi identified the cause of the disproportions that are generated on a twofold level. In the 1824 article Sur la balance des consommations avec les productions, Sismondi elaborated another model to present his vision of the economy. This arose from the reflections provoked by the debate with Ricardo and need to build an alternative idea of economic functioning. Incisively and patiently, Sismondi once again demonstrates loyalty to his style, which never criticizes action uniquely on the basis of moral criteria, and prefers to highlight the efficiency defects caused by the external management of a population’s wealth and freedom. Conceiving temporal forms underlying production modes and society’s ways of producing and owning on a level of historical relativism, Sismondi indicates the ways to remold them to initiate institutional change.
