Bellers, John

The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Bellers, John


Born 1654; died Feb. 8, 1725. English economist.

One of the early Utopian socialists, Bellers was characterized by K. Marx as “a veritable phenomenon in the history of Political Economy” (K. Marx and F. Engels, Soch., 2nd ed., vol. 23, p. 499, notes). He came close to the theory of surplus value with his assertion that the workers create more products through their labor than is necessary for their existence. In criticizing the mercantilists he saw that the source of wealth lies not in money but in labor. Bellers repeatedly proposed projects of social reform with the aim of ridding society of poverty and the inequality of property.


John Bellers, 1654–1725: Quaker Economist and Social Reformer. His writings, reprinted with a memoir by A. Ruth Fry. London, 1935.


Marx, K. Kapital, vol. 1.
Marx, K., and F. Engels. Soch., 2nd ed., vol. 23, pp. 499–500.
Beer, M. Istoriia sotsializma v Anglii, parts 1–2. Moscow-Petrograd, 1923–24. (Translated from German.)


The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
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