Political economy maintained that the laws by which the wealth of Europe had developed and is developing are universal and unquestionable laws. The socialistic teaching declared that development on those lines leads to ruin.
La economía política decía que las leyes que regían y determinaban la riqueza europea eran leyes generales a indudables, mientras la escuela socialista afirmaba que el desarrollo según aquellas leyes conduce a la ruina.