socialism Flashcards
Crossland- 6 elements of socialism
liberty and democracy, anti-poverty, concern for the needy/ oppressed, equality in a classless society, cooperation not competition, talking inefficiency of capitalism.
what does everyone agree with in socialism
Everyone agrees with liberty and democracy (doesn’t differentiate socialists).
socialism as an alternative to capitalism
o Socialist values: freedom, equality, community.
o Socialist institutions: social ownership, planning (who does it, often centralised somewhat), economic democracy, markets (extent and kind can vary)
socialist critiques of capitalism
○ Inefficiency of capitalism - crises, underproducing goods, over consuming natural resources, negative externalities, and basic model of productivity.
○ Injustice - ‘bourgeois’, ‘left liberal’, and ‘socialist’ equality of opportunity.
○ Unfreedom - ‘negative freedom’ and ‘non-domination’
○ Exploitation - ‘A benefits from a social relationship with B by taking advantage of B’
○ Alienation
socialism as a road to communism
● Socialism is not an end in itself according to Marx.
○ Socialism as a lower stage, in which workers own the means of production and decide how to use them - ‘To each according to his labour’, but communism as a higher stage - ‘From each according to his abilities to each according to his needs’ suggesting the social product meets everyone’s basic needs its distribution and each individual’s share is independent of their labour contribution.
socialism as necessary prerequisite for communism
○ Socialism - exploitation is abolished. Communism - alienation is abolished.
○ Socialism as a stage to reshape man and to develop the productive powers of humankind, creating a state of abundance, all of which allow communism to flourish.
market socialism
the means of production are owned socially or collectively and operate in a market economy. This contrasts with traditional socialism, where the means of production might be owned by the state or by workers’ cooperatives without the presence of a market mechanism
central claim of market socialists
The central claim made by market socialists, therefore, was that socialists should be willing to embrace the market economy, with tempered enthusiasm rather than reluctance, partly for reasons of efficiency but also for reasons of personal freedom. It promised to liberate people, both as producers and as consumers, from the heavy-handed control of the state. But it was essential at the same time to look for new ways of framing the market – setting out the ground rules on whose basis the market should operate – so that it served socialist values, notably a much higher degree of material equality than was possible under capitalism
market socialism and wealth redistribution
. It was a set of proposals for reforming the market economy that left open for further discussion how large a proportion of the overall economy should be organized on a market basis and how much should remain in the public and voluntary sectors. The key point was that, rather than relying on redistribution via the state as the main vehicle for promoting equality, the market itself should be reconstituted so that with new rules of ownership the distribution of primary incomes would be significantly more equal than was inevitably the case under capitalism.
market socialism as socialist
Market socialism is called “socialist” because it abolishes the division between capital and labour: there is, in market socialism, no class of capitalists facing workers who own no capital, since workers themselves, that is, the whole population, own the capital of firms Eco- nomic inequality is thereby substantially diminished.
market mechanisms in market socialism
- Market Mechanism: Market socialism retains a market system where goods and services are bought and sold based on supply and demand. Prices are often determined by market forces, competition, and consumer preferences.
profit in market socialism
- Profit Motive: While the profit motive is not entirely eliminated, it may be moderated or redirected. Instead of profits going primarily to private owners or shareholders, they might be distributed more equitably among workers or reinvested in the enterprise or community.
democratic control in market socialism
- Democratic Control: One of the hallmarks of market socialism is its emphasis on democratic decision-making in the workplace. Workers often have a say in the management and operation of their workplaces, either directly or through elected representatives.
Carens view of market socialism
- retain market institutions in their current form but to do away with material incentives entirely.
- It would be possible, he argued, to achieve material equality without altering the institutional structure of conventional capitalism by first socializing children and adolescents into believing that they had a social obligation to maximize their pre-tax incomes and then taxing such incomes at 100 per cent and distributing the proceeds to everyone equally.
- people continued to make their productive choices in the same way as they would have under capitalism.
Corens differs from most other market socialists
*most other market socialists- assumed that market economies needed to make use of material incentives to motivate workers to choose their occupations and to produce efficiently, whilst aiming to alter the structure of capitalist enterprises more or less radically
Roemer’s market socialists
eliminate inequality stemming from unequal initial holdings of capital – but not inequalities arising from talent differences in the labour market – or indeed inequalities arising from differential success in investing the vouchers.
- the managerial structure of the capitalist firm is not challenged by this proposal, although its form of ownership clearly is, since firms would be run not by private entrepreneurs but by managers on the basis of capital borrowed via the voucher scheme… The preferred form of economic organization was the labour-managed firm or workers’ cooperative.
Wright’s socilaism
is an economic structure within which the means of production are socially owned and the allocation and use of resources for different social purposes is accomplished through the exercise of what can be termed “social power.”
o “Social power” is power rooted in the capacity to mobilize people for cooperative, voluntary collective actions of various sorts in civil society. This implies that civil society should not be viewed simply as an arena of activity, sociability, and communication, but also of real power
o Socialism, understood in the way proposed here, is thus not equivalent to the working class controlling the means of production through its collective associations. Rather, social empowerment over the economy means broad-based encompassing economic democracy.
Wright on degrees of socialism
- All empirical case studies are hybrids – not simply all or nothing but variables. the greater the degree and forms of social empowerment over ownership, use and control of economic resources and activities, the more we can describe an economy as socialist.
Wright - three principles of socialism directions anchored in each of the three forms of power we have been discussing:
o Social empowerment over the way state power affects economic activity
o Social empowerment over the way economic power shapes economic activity
Social empowerment directly over economic activity.
Social empowerment over the way state power affects economic activity
Wright:
if it were the case that a socialist party was deeply connected to the working class through its embeddedness in working class social networks and communities and democratically accountable through an open political process through which it politically represented the working class (or some broader coalition), then if the socialist party controlled the state and the state controlled the economy, one could argue on a principle of transitivity-of-control, that an empowered civil society controlled the economic system of production and distribution
The vision – at least on paper – was that the party would be organically connected to the working class and effectively accountable to associated workers, and thus its control over the state would be a mechanism for civil society to control the state
It’s important that there is social empowerment - The state will remain central to the provision of a wide range of public goods, from health to education to public transportation
Social empowerment over the way economic power shapes economic activity
This can occur in the form of ordinary labour unions engaged in bargaining over pay and working conditions: such bargaining constitutes a form of social power which, if only in limited ways, affects the operation of economic power
Social movements engaged in consumer oriented pressure on corporations would also be a form of civil society empowerment directed at economic power. This would include such things as organized boycotts of corporations for selling products that do not conform to some socially- salient standard
o Social empowerment directly over economic activity.
voluntary associations in civil society directly organize various aspects of economic activity, rather than simply shape the deployment of economic power
A stand-alone fully worker-owned cooperative firm in a capitalist economy is a form of social capitalism: the egalitarian principle of one-person one-vote of all members of the business means that the power relations within the firm are based on voluntary cooperation and persuasion, not the relative economic power of different people.
movement towards the three these of socialism and rejection of capitalism
- Taken individually, movement along one or another of these pathways might not pose much of a challenge to capitalism, but substantial movement along all of them taken together would constitute a fundamental transformation of capitalism’s class relations and the structures of power and privilege rooted in them.
Wright’s simple definition of socialism
- Socialism can then be defined as an economic structure in which social power in its multiple forms plays the dominant role in organizing economic activity, both directly, and indirectly