Johann Karl Rodbertus (Economic Ideas)
The following points highlight the five economic ideas of Johann Karl Rodbertus. The economic ideas are: 1. Exploitation of Labour 2. Commercial Crisis 3. Distributive Justice 4. Law of Decreasing Wage-Share 5. Suggestions for Improvement. Economic Idea # 1. Exploitation of Labour: Johann Karl Rodbertus believed that labour produces all economic goods either directly, or indirectly through tools and machinery. [...]