Profits, priests, and princes Book

Very clear exposition on the 3 agents, labor, landlord and capital which interact towards production and distribution of material wealth. Mill does seem to be developing what has already been known by previous economists such as Smith, Fourier, Owen. Bertrand Russell in an essay on him finds that his theory was in line with predecessors such as with Ricardo's theory of value, itself superseded by Jevon's introduction of the concept of marginal utility. Nevertheless, Mill style is so engrossing and to the point and most of the time following logically from his argument that one can only be in awe of the wide erudition on display. This book was released in 1848, the same year of the communist manifesto, yet Mill seems to be unaware of the ideas of Marx, and is only concerned with socialism and communism as envisioned by french utopian from the saint Simeon school and Owen/Fourier. A great read so far, with many ideas to ponder about in our age of big corporations!