Johann Karl Rodbertus

Johann Karl Rodbertus (August 12, 1805, Greifswald, Swedish Pomerania – December 6, 1875, Jagetzow), also known as Karl Rodbertus-Jagetzow, was a German economist and socialist and a leading member of the Linkes Zentrum (centre-left) in the Prussian national assembly.^[1]^[2]

He defended the labor theory of value^[3] as well as the view, which it implied, of interest or profit being theft. He believed that capitalist economies tend toward overproduction.

^ Stedman Jones, Gareth; Moggach, Douglas (2018). The 1848 Revolutions and European Political Thought. Cambridge University Press. p. 274.
^ Andrew, E. Benj. (1892). "Rodbertus's Socialism". Journal of Political Economy. 1 (1): 50–67. doi:10.1086/250115. ISSN 0022-3808.
^ G.D.H. Cole points out that Rodbertus defended this theory "not in its Marxian form, but in the form in which it had been advanced by earlier writers such as William Thompson and John Francis Bray, and echoed by Proudhon." See G.D.H. Cole's History of Socialist Thought: Volume II Part II. London: Macmillan, 1960. p. 21.

[1] Stedman Jones, Gareth; Moggach, Douglas (2018). The 1848 Revolutions and European Political Thought. Cambridge University Press. p. 274.

[2] Andrew, E. Benj. (1892). "Rodbertus's Socialism". Journal of Political Economy. 1 (1): 50–67. doi:10.1086/250115. ISSN 0022-3808.

[3] G.D.H. Cole points out that Rodbertus defended this theory "not in its Marxian form, but in the form in which it had been advanced by earlier writers such as William Thompson and John Francis Bray, and echoed by Proudhon." See G.D.H. Cole's History of Socialist Thought: Volume II Part II. London: Macmillan, 1960. p. 21.

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