What was Owen attitude toward capitalism Who did he think should make economic decisions Identify words and phrases that reveal his viewpoint?

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2026-04-23 18:21

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Robert Owen was critical of capitalism, viewing it as exploitative and harmful to workers. He believed that economic decisions should be made collectively and democratically by the community rather than by individual capitalists. Phrases like "moral economy" and "cooperative labor" reflect his vision for a more equitable system that prioritizes social welfare over profit. Owen advocated for a cooperative society where the needs of the community guided economic choices.

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