Joseph Rowntree (philanthropist) Joseph Rowntree (philanthropist) Joseph Rowntree (24 May 1836 – 24 February 1925) was an English Quaker philanthropist and businessman from York. Rowntree is perhaps best known for being a champion of social reform, partner and friend of Charles Booth, and his time as a chocolatier at family business "Rowntree's", one of the most important in Britain. Even as a powerful businessman, he was deeply interested in improving the quality of life of his employees; this led to him becoming a philanthropist, pursuing many charitable causes. In 1904 he created three trusts, the Joseph Rowntree Village Trust (JRVT) which was originally
Social democracy of the stock market crash of 1929. In the 1920s, SPD policymaker and Marxist Rudolf Hilferding proposed substantial policy changes in the SPD as well as influencing social democratic and socialist theory. Hilferding was an influential Marxian socialist both inside the social democratic movement and outside it, such as his pamphlet titled "Imperialism" which influenced Lenin's own conception of imperialism in the 1910s. Prior to the 1920s Hilferding declared that capitalism had evolved beyond what had been "laissez-faire" capitalism into what he called "organized capitalism". Organized capitalism was based upon trusts and cartels controlled by financial institutions that could no