General Discussion
In reply to the discussion: Everyone should be concerned - right, left and every 1 in between. [View all]Fantastic Anarchist
(7,309 posts)You may be interested in my post and the link therein:
Link to post in this thread:
Marx wasn't the first ...
Link to "Proudhon and Marx" via Anarchist Library
If you are interested in revolutionary ideas, I think (and hope) the links above will help you with a starting point. Also, I highly recommend reading both Marx and Proudhon (and other revolutionary thinkers). So many ideas and so insightful and ahead of their time. If you would like more sources and links, I'm happy to help.
Happy reading!
Edit to add: A true free-market can only exist within a socialist econom]y (yes, often considered to be polar opposites, yet this is the model that truly lets people live in a free-society). These ideas are often expressed in participatory economics and workers' democratic ideals such as cooperatives. One model, termed Mutualism was developed by Pierre-Joseph Proudhon and advanced by Kevin Carson.
Although economic proposals involving social ownership with factor markets have existed since the early 19th century, the term "market socialism" only emerged in the 1920s during the socialist calculation debate.[5] Contemporary market socialism emerged from the debate on socialist calculation during the early-to-mid 20th century among socialist economists who believed that a socialist economy could neither function on the basis of calculation in natural units nor through solving a system of simultaneous equations for economic coordination, and that capital markets would be required in a socialist economy.[6]
Early models of market socialism trace their roots to the work of Adam Smith and the theories of classical economics, which consisted of proposals for cooperative enterprises operating in a free-market economy. The aim of such proposals was to eliminate exploitation by allowing individuals to receive the full product of their labor while removing the market-distorting effects of concentrating ownership and wealth in the hands of a small class of private owners.[7] Among early advocates of market socialism were the Ricardian socialist economists and mutualist philosophers. In the early 20th century, Oskar Lange and Abba Lerner outlined a neoclassical model of socialism which included a role for a central planning board (CPB) in setting prices equal marginal cost to achieve Pareto efficiency. Even though these early models did not rely on genuine markets, they were labeled "market socialist" for their utilization of financial prices and calculation. In more recent models proposed by American neoclassical economists, public ownership of the means of production is achieved through public ownership of equity and social control of investment.
Market socialism is distinguished from the concept of the mixed economy, because unlike the mixed economy, models of market socialism are complete and self-regulating systems.[8] Market socialism is also contrasted with social democratic policies implemented within capitalist market economies: while social democracy aims to achieve greater economic stability and equality through policy measures such as taxes, subsidies and social welfare programs; market socialism aims to achieve similar goals through changing patterns of enterprise ownership and management.[9]
Wikipedia: Free-market socialism