Before revision: His thought was rooted in seventeenth century English "moral economy" ideals of “fair exchange, just price, and the right to charity.” "Utopian socialist” economic thought such as Owen's was a reaction to the laissez-faire impetus of Malthusian Poor Law reform.
After revision: His thought was rooted in 17th-century English "moral economy" ideals of “fair exchange, just price, and the right to charity.” "Utopian socialist” economic thought such as Owen's was a reaction to the laissez-faire impetus of Malthusian Poor Law reform.