Economics Professor Richard Ely, a member of the Progressive movement and a founder of the Christian Social Union, believed in private property but still got attacked from both the left and the right. He argued for collective bargaining, child labor laws, safe working conditions and universal public education. He sought to apply Christian principles to the industrial economy and sought a balance between private enterprise and government regulation. That balance, he said, was “menaced by socialism on the one hand and plutocracy on the other.” (sciencepole.com)
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