Ricardo- 'Theory of labour value' (1817)
Based on Locke
'Moral economy'- optomistic view of human nature
Co-operative
They argued that private ownership of the means of production should be supplanted by co-operatives owned by associations of workers. Robert Owen’s Lanark community was predicated on ‘co-operative labour, and frequently, co-operative sales’, it was not to be a self subsistent commune but a co-operative trading endeavour. Co-operativism is a socio-economic doctrine designed to enable communities and groups to share in achieving their common wellbeing. This sharing consists of continual, daily work in a spirit of collaboration and solidarity.
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