Classifier Instance:

Anchor text: David Ricardo
Target Entity: David_Ricardo
Preceding Context: This was accompanied by a desire to implement a rationally organised economy based on planning and geared towards large-scale scientific and material progress, and thus embodied a desire for a more directed or planned economy. Other early socialist thinkers, such as Thomas Hodgkin and Charles Hall, based their ideas on
Succeeding Context: 's economic theories. They reasoned that the equilibrium value of commodities approximated to prices charged by the producer when those commodities were in elastic supply, and that these producer prices corresponded to the embodied labour – the cost of the labour (essentially the wages paid) that was required to produce the commodities. The Ricardian socialists viewed profit, interest and rent as deductions from this exchange-value.
Paragraph Title: History
Source Page: Socialism

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