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Market, State, and Community – Theoretical Foundations of Market Socialism - Oxford Scholarship Online
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Market, State, and Community: Theoretical Foundations of Market Socialism

David Miller


Offers a theoretical defence of market socialism, a third way between traditional capitalism and traditional socialism, which combines a market economy with social control of capital and employee control of workplaces. The first part offers a critique of the libertarian philosophy used to defend free‐market capitalism, focussing on the issues of freedom, justice, the neutrality of markets, and private charity as an alternative to the welfare state. The second part defends markets against socialist criticism. Here it is shown that consumers are generally the best judges of their own welfare, th ... More

Keywords: capitalism, citizenship, community, exploitation, freedom, justice, market socialism, neutrality, politics, toleration, welfare

Bibliographic Information

Print publication date: 1990 Print ISBN-13: 9780198278641
Published to Oxford Scholarship Online: November 2003 DOI:10.1093/0198278640.001.0001


Affiliations are at time of print publication.

David Miller, author
Nuffield College, Oxford
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