Hodgskin's emphasis on people and labour is fundamental to the work of the Ricardian Socialists. The Ricardian Socialists were distinguished by their claim that workers had right to the full product of their labour, whereas the ruling classes, who contributed nothing to production, did not deserve their income of rent, profit and taxes. The writings of the Ricardian Socialists, especially Hodgskin, made a significant contribution ot the labour theory of value. Crucially, they were heralded by Marx for their ability to use Ricardian theory as a weapon against bourgeois economy. This 7 volume...
Hodgskin's emphasis on people and labour is fundamental to the work of the Ricardian Socialists. The Ricardian Socialists were distinguished by their ...
