TITLE

The political economy of twenty-first century socialism

AUTHOR(S)
Devine, Pat
PUB. DATE
December 2007
SOURCE
Soundings (13626620);Winter2007, Issue 37, p105
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article proposes a model of socialism based on social ownership and participatory planning through negotiated coordination. Historically, socialism was seen as an alternative to capitalism. Social ownership is defined as ownership by those affected by the use of the assets involved, in proportion to the extent to which they are affected. In the model of participatory socialist planning based on negotiated coordination, the social owners at the level of industry would negotiate the pattern of investment for the industry as a whole.
ACCESSION #
32084679

 

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