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22 May

Labour Rewarded But Only By Choice

As man’s knowledge increases, he looks beyond immediate into remote consequences. Sometimes this increased knowledge, sometimes accident, leads to a change of the circumstances surrounding him. These new circumstances give rise to new motives: i.e. to modification of the desire of happiness as supposed to rise from different sources. If Co-operative Industry tend more to human happiness than Competitive Industry, its supporters are confident it will be adopted when understood. On no other ground would they wish it be adopted.

William Thompson, Labour Rewarded (1827), p. 100.

Thompson on co-operative industry, and his hope for its voluntary adoption. Thompson was studied by Marx, but Thompson’s economic voluntarism is one of the major differences between them.

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