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A Future for Socialism
Many people point to recent events--the collapse of the Soviet Union, the electoral defeat of the Sandinistas--as proof that capitalism has triumphed over socialism once and for all. In A Future for Socialism, a noted economist argues that socialism is not dead but merely in need of modernizing. John Roemer believes that the hallmark of socialism is egalitarianism--equalit
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Paperback, 184 pages
Published
January 1st 1994
by Harvard University Press
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Best book I've read on market socialism. Written in Roemer's very clear and minimalist style. Lays out the history of the debate, the problems with central planning, and sketches out the beginning of his model of a "coupon economy" that could simulate what works best in a capitalist economy (efficient allocation and management of capital goods) while eliminating the existence of a capitalist class. A full exposition of this model though is actually in a later book called Equal Shares that Erik O
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Lays out the case for "market socialism," whereby most
functions are left to the market but centralized control
is added in where helpful. A clear, well-thought-out
vision without the slightest chance of ever becoming
reality.
functions are left to the market but centralized control
is added in where helpful. A clear, well-thought-out
vision without the slightest chance of ever becoming
reality.
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