Ricardian Socialism: Difference between revisions
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'''Ricardian Socialism''' is an ideology that argues the Ricardian notion that labor is the source of all value, and as such labor deserves all that it produces. Rent, profit, and interest in the view of this ideology are corruptive forces of the free market, not natural outgrowths of this system. The Ricardian Socialists argue that the best way for a market society to function is one where associations of workers control the means of production, which is believed to eliminate the inherent inefficiency of a financial drain at the head of a company. |
'''Ricardian Socialism''' is an ideology that argues the Ricardian notion that labor is the source of all value, and as such labor deserves all that it produces. Rent, profit, and interest in the view of this ideology are corruptive forces of the free market, not natural outgrowths of this system. The Ricardian Socialists argue that the best way for a market society to function is one where associations of workers control the means of production, which is believed to eliminate the inherent inefficiency of a financial drain at the head of a company. |
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