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
Famous quotes containing the word hall:
“The statements of science are hearsay, reports from a world outside the world we know. What the poet tells us has long been known to us all, and forgotten. His knowledge is of our world, the world we are both doomed and privileged to live in, and it is a knowledge of ourselves, of the human condition, the human predicament.”
—John Hall Wheelock (1886–1978)