Question

4. Explain the vision of the socialists like Robert Owen
and Louis Blanc regarding cooperatives.​

Answer 1

(i) Robert Owen: He wanted to form a cooperative community called 'New Harmony', in Indiana. He felt that the government should also support such cooperatives and encourage them. (ii) Louis Blanc: He wanted the government to encourage cooperatives and replace capitalist enterprises.

Answer 2

Answer:

Robert Owen: He wanted to form a cooperative community called 'New Harmony', in Indiana. He felt that the government should also support such cooperatives and encourage them. (ii) Louis Blanc: He wanted the government to encourage cooperatives and replace capitalist enterprises.

Explanation:

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