A City Guide To Chilmari for In this context, the term worker, as it is understood today, had little meaning. It was only as people left the land and moved to cities to work in factories for long hours in repetitive jobs for little pay that the term worker signified a distinction between the servants of industry and the profit-making capitalists. Economists, philosophers, and writers have attempted in a variety of ways to explain the role of the worker in the capitalistic society. Classical economics. Classical LIBERALISM or classical economics became the predominant school of thought during the last quarter of the 18th century. John LOCKE (1632 1704), the founder of classical liberalism, argued that each individual has a property in his or her own person. Therefore, the worker owns the results of LABOR produced through effort. A City Guide To Chilmari 2016.