• Money, Markets, Morality: No Dogs or Philosophers Allowed
    with Ken Knisely, David Haslett, and Ronald Duska
    DVD. forthcoming.
    How should we evaluate the economic environment we live in? Does anyone really believe in capitalism? How good are the philosophical judgments that inform the structures and habits of our economic lives? With David Schweickart , David Haslett , and Ronald Duska.
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    Successor-System Theory as an Orienting Device: Trying to Understand China
    Nature, Society, and Thought 17 (4): 389-412. 2004.
    My interest in China was rekindled several years ago by an invitation to a conference, "Modernization, Globalization and China's Path to Economic Development," to he held in Hangzhou, July, 2002. The conference was organized by Cao Tian Yu, a philosopher of science at Boston University and his wife Lin Chun of the London School of Economics--both deeply concerned about the future of China. It was attended by a number of Western Leftists (Samir Amin, Perry Anderson, Robin Blackburn and myself), b…Read more
  •  32
    In a recent article Robert Paul Wolff has argued that Marx's theory of capitalist exploitation is incorrect, in that its ground is the premiss that labor is the source of all value.1 This, of course, is a well-rehearsed objection to Marx, but Wolff gives it a novel twist. He notes that the defense of this premise in the opening pages of Capital is inadequate, but he is not troubled by this ‘bad argument,’ for he sees Marx's real argument as something else: the claim that unless labor is the sour…Read more
  •  37
    Dr. Pangloss goes to market
    Critical Review: A Journal of Politics and Society 10 (3): 333-352. 1996.
    Abstract David Ramsay Steele's From Marx to Mises argues correctly that the standard account of the economic calculation debate is a misrepresentation. Mises and Hayek were not bested by Lange and Taylor. However, it is not true, as Steele claims, that socialists have yet to face the Misesian challenge, nor that the debate over socialist calculation sheds much light on the recent collapse of communism. Steele's critiques of market socialism and worker self?management and his treatment of Marx ar…Read more
  •  27
    A Marxist Perspective on the Human Person
    Proceedings and Addresses of the American Philosophical Association 55 (N/A): 99-107. 1981.
    A Marxist Perspective on the Human Person
  •  5
    The State and Justice (review)
    Radical Philosophy Review of Books 3 (3): 34-38. 1991.
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    A Reply to Arnold's Reply
    Economics and Philosophy 3 (2): 331. 1987.
    Professor Arnold's reply to my reply seems not to have touched the substance of my argument. Perhaps I have been unclear. Arnold contends that any form of market socialism, if unchecked by central authorities, would revert to a system essentially undistinguishable from capitalism. Against this contention I have argued that a democratic, worker-controlled, market socialism that generates its investment fund by taxation exhibits no such tendency. Specifically, I argued that in such a society 1. th…Read more
  •  55
    This paper argues that Marx’s critique of capitalism is not, as commonly believed, a critique of the “free market.” I argue that the “market” under capitalism should be understood as a three-fold market—for goods and services, for labor and for capital. I argue that Marx’s critique is essentially a critique of the latter two markets, and not the first. Hence theoretical space opens up for “market socialism.” I proceed to elaborate briefly what specific institutions might comprise an economically…Read more
  •  41
    Ethics, Efficiency and the Market
    Philosophical Review 100 (3): 501. 1991.
  •  20
    Against Capitalism
    Cambridge University Press. 1993.
    This book is a completely rewritten version of the author's earlier Capitalism or Worker Control?. Its central thesis is that, despite the collapse of communism in Eastern Europe and the break-up of the Soviet Union, capitalism cannot be justified on either economic or ethical grounds. There is in fact an alternative to capitalism that promises greater efficiency, and equality, and more rational growth, democracy and meaningful work. This alternative, Economic Democracy, is market socialism with…Read more
  •  7
    Tired of Capitalism? How about Something Better?
    Philosophic Exchange 43 (1). 2013.
    Capitalism causes staggering inequality, rising unemployment, growing poverty, and the degradation of democracy. But is there any viable alternative? Is there a form of socialism that would preserve the strengths of competitive capitalism, yet mitigate its worst evils? This paper argues that there is such an alternative -- economic democracy. An economic democracy keeps competitive markets for goods and services, but dispenses with labor markets and capital markets. It replaces labor markets wit…Read more
  •  109
    On the Exploitation of Cotton, Corn and Labor
    Canadian Journal of Philosophy 19 (sup1): 281-297. 1989.
    There is no more intriguing or provocative argument in the Marxian corpus; it is the theoretical and rhetorical heart of Capital; not surprisingly, it is the locus of endless controversy: capitalist profit is possible, Marx argues, only because the capitalist is able to find on the market a unique commodity that possesses ‘the specific use-value... of being a source not only of value, but of more value than it has itself.’ This commodity is labor power, the capacity to work, which, Marx insists,…Read more
  •  229
    Growing numbers of people are beginning to realize that capitalism is the uncontrollable force driving our ecological crisis, only to become frozen in their tracks by the awesome implications of this insight.
  •  244
    Democratic Socialism -- The relationship between democracy and socialism is a curious one. Both traditions are rooted philosophically in the concept of equality, but different aspects of equality are emphasized. Democracy appeals to political equality, the right of all individuals to participate in setting the rules to which all will be subject. Socialism emphasizes material equality--not strict equality, but an end to the vast disparities of income and wealth traceable to the inequalities of ow…Read more
  •  309
    The subtitle of Joel Kovel's The Enemy of Nature (originally published in 2002, revised edition 2007) states his thesis bluntly: The End of Capitalism or the End of the World? Kovel thinks we need a revolution--although he is fully cognizant as to how remote that prospect seems.
  •  197
    The remarks that follow are not the work of a China specialist. I am a philosopher who has spent most of his scholarly life--from my days as a graduate student in the early 1970s to the present--grappling with one of the great lacunas in Marx=s work. As everyone knows, Marx thought that capitalism will eventually be replaced by a higher form of society that will resolve humanity's economic problem. He characterized this ultimate Acommunism@ in various ways: rather whimsically as a socio-economic…Read more
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  •  11
    “But What Is Your Alternative?” Reflections on Having a “Plan”
    In Anatole Anton Anton & Richard Schmitt (eds.), Taking Socialism Seriously, Lexington Books. pp. 47. 2012.
    “But What Is Your Alternative?” Reflections on Having a “Plan”
  •  34
    Market Socialist Capitalist Roaders: A Comment on Arnold
    Economics and Philosophy 3 (2): 308-319. 1987.
    Scott Arnold's recent paper, “Marx and Market Socialism,” advances a provocative thesis: market socialists are advocating an economic system that has a strong, internally generated tendency to revert to capitalism. They are, in short, “capitalist roaders”.