Building a Social Science (eBook, ePUB)

19th Century British Cooperative Thought

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Just as the Industrial Revolution in Britain suggested a promise of abundance, David Ricardo, Robert Malthus, and their colleagues formalized classical political economy with its emphasis on scarcity, self-interest, and private accumulation of capital. At the same time, Robert Owen took a different path arguing that the new technologies open a new world. In effect, his ideas turn classical political economy on its head. Building this new social science, Owen emphasizes abundance, public spiritedness, and communal accumulation of capital. Although the history of the cooperative movement is well...

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