Question

3 socialists of 19th century europe

Answer 1

Answer:

The socialists in the 19th Century were :-

1)Robert Owen

2)Karl Marx

3)Louis Blanc

Robert Owen, an English manufacturer established a cooperative community called New harmony in Indiana. The means of production was jointly owned by Cooperatives and Yields were shared equitably .

Karl Marx too gave his theory .

Louis Blanc believed that government to encourage cooperatives and set up cooperative organisation to replace Capitalist institutions