The Future Of Socialism

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A Future for Socialism

A Future for Socialism
Author :
Publisher : Harvard University Press
Total Pages : 196
Release :
ISBN-10 : 0674339460
ISBN-13 : 9780674339460
Rating : 4/5 (460 Downloads)

Book Synopsis A Future for Socialism by : John E. Roemer

Download or read book A Future for Socialism written by John E. Roemer and published by Harvard University Press. This book was released on 1994 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this text, Roemer proposes a new future of socialism based on a redefinition of market socialism. The Achille's heel of socialism has always been maintaining innovation and efficiency in an economy in which income is equally distributed. Roemer points out that large capitalist firms have already solved a similar problem: in those firms, profits are distributed to numerous shareholders, yet they continue to innovate and compete. The author argues for a modified version of socialism, not necessarily based on public ownership, but founded on equality of opportunity and political influence.


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