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Has John Roemer Resurrected Market Socialism?
By Michael Wohlgemuth
This article appeared in the Fall 1997 issue of The Independent Review


Abstract

In his recent book, A Future for Socialism, economist John Roemer claims to have created a model of market socialism immune to the Austrian criticism that economic coordination requires free-market pricing, profit-and-loss incentives, capital markets and private property. Underneath Roemer’s numerous contradictions and misunderstandings lies a profoundly mistaken belief that market competition can be made compatible with coercive egalitarianism.



Other Independent Review articles by Michael Wohlgemuth
    Summer 2005   The Communicative Character of Capitalistic Competition: A Hayekian Response to the Habermasian Challenge


Volume 2 Number 2
Fall 1997

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