Charles Hall (economist)

Charles Hall
Born1740
Died1825 (aged 84–85)
NationalityEnglish
OccupationPhysician
Known forCritic of capitalism and early socialist

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 resulted in 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".[1]

As a remedy for the problems in society, Hall proposed land reform and progressive taxation. His opinions and economic theory, particularly his opinions concerning the exploitation of the poor, were important to the development of Marxism, and have caused many to consider him one of the earliest socialists.

  1. ^ Blaug, Mark (1986). Who's Who in Economics: A Biographical Dictionary of Major Economists 1700–1986. The MIT Press. p. 358. ISBN 0-262-02256-7.