Socialism vs Social Democracy as Income-Equalizing Institutions

@article{Roemer2008SocialismVS,
  title={Socialism vs Social Democracy as Income-Equalizing Institutions},
  author={John E. Roemer},
  journal={Eastern Economic Journal},
  year={2008},
  volume={34},
  pages={14-26}
}
  • J. Roemer
  • Published 2008
  • Economics
  • Eastern Economic Journal
Socialism is defined as a normative property of an allocation: that the allocation of labor and output be Pareto efficient, and that output received by individuals be proportional to the value of the labor they expended in production. Social democracy is an institution: the redistribution of income through taxation, with a system of private ownership of capital. We present a stylized parameterization of the US economy and compute its (unique) socialist allocation, and the Gini coefficient of… Expand
The Influence of economic rationalism upon policy development : historical, income and social cohesion perspectives
Purpose – The purpose of this paper is to examine how economic rationalism in policy development affects incomes and social cohesion within the communities in which businesses operate. Inequality ofExpand
Sulla Transizione Dal Capitalismo All’Autogestione (On the Transition from Capitalism to Self-Management) (in Italian)
A system of firms managed by the workers, if organized in the LMF form as suggested by Vanek, realizes a new method of production, one of the possible forms of a market based socialism. Thus, it isExpand
Sulla transizione dal capitalismo all'autogestione
A system of firms managed by the workers, if organized in the LMF form as suggested by Vanek, realizes a new method of production, one of the possible forms of a market based socialism. Thus, it isExpand
Exploitation and the class struggle
This paper contributes to our understanding of the determinants and dynamics of Marxian exploitation using quarterly UK data, 1955-2008. Initially a simple model is introduced for the purpose ofExpand
Social Dividends, Entrepreneurial Discretion, and Bureaucratic Rules
The current literature on market socialism neglects the issues of social dividend payment and bureaucratization. Socialism replaces private dividends and financial markets with social dividends andExpand
Exploitation, skills, and inequality
Abstract This paper uses a computational framework to analyse the equilibrium dynamics of exploitation and inequality in accumulation economies with heterogeneous labour. A novel index is presentedExpand
Title Exploitation , Skills , and Inequality
This paper uses a computational framework to analyse the equilibrium dynamics of exploitation and inequality in accumulation economies with heterogeneous labour. A novel index is presented whichExpand
Economic class and the distribution of income: a time-series analysis of the UK economy, 1955–2010
This paper contributes to our understanding of the determinants and dynamics of surplus-value using quarterly UK data, 1955–2010, and the Johansen (1988, 1991) cointegration and vector errorExpand
Political Ideology and Economic Freedom Across Canadian Provinces
This paper examines how political ideology influenced economic freedom across the Canadian provinces. We analyze the data set of economic freedom indicators compiled by the Fraser Institute in 10Expand
Beyond criticism: towards alternatives
Purpose – The purpose of this paper is to argue for more widespread and consistent engagement of critical management scholars in influencing policy debates on globalisation, social and economicExpand
...
1
2
...

References

SHOWING 1-10 OF 20 REFERENCES
A future for socialism
Many people point to recent events-the collapse of the Soviet Union, the electoral defeat of the Sandinistas-as proof that capitalism has triumphed over socialism once and for all. In A Future forExpand
To what Extent do Fiscal Regimes Equalize Opportunities for Income Acquisition Among citizens
This project employs the theory of equality of opportunity, described in Roemer's book (Equality of Opportunity, Harvard University Press, 1998), to compute the extent to which tax-and-transferExpand
Does Egalitarianism Have a Future
This paper surveys the evidence, theoretical and empirical, relating to the possibility of achieving more egalitarian distributions of income than are typical in modern societies. The first fourExpand
Anarchy, State, and Utopia
Robert Nozicka s Anarchy, State, and Utopia is a powerful, philosophical challenge to the most widely held political and social positions of our age ---- liberal, socialist and conservative.Expand
Exploitation and the class struggle
This paper contributes to our understanding of the determinants and dynamics of Marxian exploitation using quarterly UK data, 1955-2008. Initially a simple model is introduced for the purpose ofExpand
Self-ownership, freedom, and equality
  • G. Cohen
  • Philosophy, Political Science
  • 1995
Preface Acknowledgements Introduction: history, ethics and Marxism 1. How patterns preserve liberty Robert Nozick and Wilt Chamberlain 2. Freedom, justice and market transactions 3. Self-ownership,Expand
Critique of the Gotha Program
The great significance of Marx's explanation is, that here too, he consistently applies materialist dialectics, the theory of development, and regards communism as something which develops out ofExpand
Theories of Distributive Justice
Acknowledgments Introduction The Measurement of Utility and Arrow's Theorem The Measurability and Comparability of Utility The Arrow Impossibility Theorem Reformulation of the Impossibility TheoremExpand
The Proportional Solution for Economies with Both Private and Public Ownership
Abstract We ask: how should a planner, whose job is to respect public ownership of some productive assets, in conjunction with private ownership of some inputs, allocate resources? We call ourExpand
Changes in Household Wealth in the 1980s and 1990s in the U.S
I find that despite slow growth in income over the 1990s, there have been marked improvements in the wealth position of average families. Both mean and median wealth grew briskly in the late 1990s.Expand
...
1
2
...