Book contents
- Frontmatter
- Contents
- List of Figures, Tables and Boxes
- About the Author
- Acknowledgements
- 1 Introduction
- 2 Global Neoliberalism and What It Means
- 3 Neoliberalism: A Critique
- PART I Socialist Contenders and Their Demise
- PART II Capitalist Globalisation and Its Adversaries
- Appendix 16A Social Formations: Patterns of Coordination and Control
- Appendix 16B Regulated Market Socialism
- Index
Appendix 16B - Regulated Market Socialism
Published online by Cambridge University Press: 20 January 2024
- Frontmatter
- Contents
- List of Figures, Tables and Boxes
- About the Author
- Acknowledgements
- 1 Introduction
- 2 Global Neoliberalism and What It Means
- 3 Neoliberalism: A Critique
- PART I Socialist Contenders and Their Demise
- PART II Capitalist Globalisation and Its Adversaries
- Appendix 16A Social Formations: Patterns of Coordination and Control
- Appendix 16B Regulated Market Socialism
- Index
Summary
Regulated market socialism is analysed into four major components: type of ownership, form of allocation of economic surplus, economic coordination and type of society. The top axis indicates the allocation of economic surplus by the private sector and the state plan. The bottom axis shows the form of ownership: private and state. The right-hand axis shows the form of economic coordination: market and state. The left-hand axis defines the type of civil society; unitary, one in which the state suppresses civil society; pluralist, one in which there are multiple groups. There are two economic sub-sectors, public and private. Both are coordinated by the market, but subject to a state plan, which effectively controls and allocates surplus product.
- Type
- Chapter
- Information
- Global Neoliberal Capitalism and the AlternativesFrom Social Democracy to State Capitalisms, pp. 310Publisher: Bristol University PressPrint publication year: 2023