Charles Hall (economist)

Charles Hall (economist)

Charles Hall (1740–1825) was a British physician, social critic and Ricardian socialist who published The Effects of Civilization on the People in European States in 1805, condemning capitalism for its inability to provide for the poor. In the book, Hall argued that inequalities in wealth and the production of luxuries led to the exploitation of the poor, and their suffering. Hall famously claimed that the exploitation of the poor was so severe that they "retained only the product of one hour's work out of eight".

As a remedy for the problems in society, Hall proposed land reform and progressive taxation. His views and economic theory, particularly his views on severe exploitation of the poor, were important to the development of Marxism, and have led many to consider him one of the earliest socialists.

Read more about Charles Hall (economist):  Biography, The Effects of Civilization, Legacy

Other articles related to "hall":

Charles Hall (economist) - Legacy
... Hallis widely regarded as a key to the development of Marxist thought, and Karl Marx referred to him as "a true phenomenon in the history of economic thought" ... Hallwas also an important precursor to Henry George, and one of the first modern land reformers ... Many scholars also identify Hallas one of "first of the early socialists", and one of the first thinkers to recognize the importance of surplus value and rents to ...

Famous quotes containing the word hall:

    Her cabined, ample spirit,
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    The vasty hall of death.
    Matthew Arnold (1822–1888)