Hostname: page-component-78c5997874-m6dg7 Total loading time: 0 Render date: 2024-11-03T08:30:23.716Z Has data issue: false hasContentIssue false
  • English
  • Français

Further Thoughts on the Degeneration of Market Socialism: A Reply to Schweickart

Published online by Cambridge University Press:  05 December 2008

N. Scott Arnold
N. Scott Arnold
Affiliation:
University of Alabama, Birmingham
Get access Rights & Permissions [Opens in a new window]

Extract

David Schweickart has challenged a number of claims that are central to my argument that market socialism would probably degenerate into something only nominally distinguishable from capitalism. Chief among these is the claim that competitive pressures would force the workers in a worker-controlled firm to create pay and authority differentials that would make such firms structurally homologous to capitalist firms. Schweickart challenges this on two fronts: He argues that there is no good reason to believe that market forces under market socialism would create the pay and authority differentials characteristic of capitalism. He further argues that certain structural features of market socialism would insure that competition would not be as intense as it is under capitalism. Consequently, even if capitalistically structured firms were more efficient, it would not make much difference, since no sword of Damocles would hang over the heads of those firms whose workers prefer more collectivist methods of control. Let us consider each of these points in turn.

Type
Discussions
Information
Economics & Philosophy , Volume 3 , Issue 2 , October 1987 , pp. 320 - 330
Copyright
Copyright © Cambridge University Press 1987

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Arnold, N. Scott. “Marx, Central Planning and Utopian Socialism.” Social Philosophy and Policy. Forthcoming.Google Scholar
Kirzner, Israel. 1973. Competition and Entrepreneurship. Chicago: University of Chicago Press.Google Scholar
Kirzner, Israel. 1979. Perception, Opportunity, and Profit. Chicago: University of Chicago Press.Google Scholar
Olson, Mancur. 1965. The Logic of Collective Action. Cambridge: Harvard University Press.CrossRefGoogle Scholar
Olson, Mancur. 1982. The Rise and Decline of Nations. New Haven: Yale University Press.Google Scholar
Schweickart, David. 1987. “Market Socialist Capitalist Readers.” Economics and Philosophy 3: 308–19.CrossRefGoogle Scholar