Excerpt from Leaders of Socialism, Past and Present
Born 1771. At ten assistant in draper's shap. At nineteen manager of cotton-mill, where he introduced improved pro cesses. 1800, moved to New Lanark Mills as partner and manager over 2000 workers there. In 1813, in cc-operation with Jeremy Bentham and others, turned the business into trust for philanthropic purposes after paying five per cent on capital. 1817. Proposed cc-operative colonies as solution of unemployed problem. 182 5, founded New Har mony communal colony in United States. 1828, retired from New Lanark and became propagandist of Socialism in form of cc-operative industry. Died 1858. Chief books: New View of Society, New Moral World, A utobiography, Revolution in M ind and Practice of the H man Race.
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