What were the views of Louis Blanc related to co-operatives? Explain
Points to remember
Views of Louis Blanc:
- Louis Blanc wanted the government to encourage cooperatives and replace capitalist enterprises in France.
- These cooperatives were associations of people who produced goods together and divided the profits according to the work done by members .
Answer to be written
Views of Louis Blanc on co-operatives were:
- Louis Blanc (1813-1882) wanted the French government to encourage cooperatives and replace capitalist enterprises .
- Cooperatives are associations of people who produce goods together and share profits according to the work performed by members.