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Market, State, and CommunityTheoretical Foundations of Market Socialism$
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David Miller

Print publication date: 1990

Print ISBN-13: 9780198278641

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198278640.001.0001

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The Socialist State

The Socialist State

(p.294) 12 The Socialist State
Market, State, and Community

David Miller (Contributor Webpage)

Oxford University Press

In a market socialist society, the state would have five basic functions: personal protection, resource distribution, economic management, public goods provision, and self‐reproduction. Because of the failings of simple majority rule, the socialist state should be constitutional, with its powers divided up between different bodies. It should embody the rule of law and recognize and protect individual rights, which should probably be constitutionally entrenched. Capital investment should be handled by a plurality of independent banks rather than a centralized bureaucracy. Welfare provision should be publicly funded, but the form in which services are delivered should be sensitive to personal choice.

Keywords:   capital investment, choice, constitution, dependency, majority rule, public goods, rights, rule of law, welfare

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