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Market, State, and CommunityTheoretical Foundations of Market Socialism$
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David Miller

Print publication date: 1990

Print ISBN-13: 9780198278641

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198278640.001.0001

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Introduction

Introduction

Chapter:
(p.1) Introduction
Source:
Market, State, and Community
Author(s):

David Miller (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0198278640.003.0001

Market socialism is an alternative both to the free‐market thinking of the libertarian Right and to the statist thinking of many socialists. It aims to combine the freedom and efficiency advantages of markets with a more democratic organization of work and more equal distribution of resources. Co‐operatives can be an efficient way of organizing production, provided suitable investment agencies can be created to supply them with capital.

Keywords:   capital, co‐operatives, democracy, efficiency, equality, freedom, libertarianism, market socialism, socialism

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