The Philosophy and Economics of Market Socialism

Download or read book The Philosophy and Economics of Market Socialism written by N. Scott Arnold and published by Oxford University Press. This book was released on 1994-08-18 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: N. Scott Arnold argues that the most defensible version of a market socialist economic system would be unable to realize widely held socialist ideals and values. In particular, it would be responsible for widespread and systematic exploitation. The charge of exploitation, which is really a charge of injustice, has typically been made against capitalist systems by socialists. This book argues that it is market socialism--the only remaining viable form of socialism--that is systematically exploitative.