Tuesday, February 02, 2021

Socialists for Capitalism

Andrew Koppelman

Socialism’s purpose is assuring everyone the resources to live a decent life. Because we should all want that, we should all be socialists. The most dependable means for delivering those resources, however, is a capitalist economy, supplemented (as, in America, it has not been lately) by an array of state interventions that assure everyone an adequate share of the wealth. So today’s socialists should also be capitalists. Confused? That is because the word “socialism” has too many meanings to be useful. Stop using it.

That is the thesis of my new essay, "Socialists for Capitalism," just posted at the Niskanen Center blog.

Older Posts
Newer Posts