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Appendix 16B - Regulated Market Socialism

Published online by Cambridge University Press:  20 January 2024

David Lane
Affiliation:
Emmanuel College, Cambridge
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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.

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Global Neoliberal Capitalism and the Alternatives
From Social Democracy to State Capitalisms
, pp. 310
Publisher: Bristol University Press
Print publication year: 2023

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  • Regulated Market Socialism
  • David Lane, Emmanuel College, Cambridge
  • Book: Global Neoliberal Capitalism and the Alternatives
  • Online publication: 20 January 2024
  • Chapter DOI: https://doi.org/10.46692/9781529220933.018
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  • Regulated Market Socialism
  • David Lane, Emmanuel College, Cambridge
  • Book: Global Neoliberal Capitalism and the Alternatives
  • Online publication: 20 January 2024
  • Chapter DOI: https://doi.org/10.46692/9781529220933.018
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Regulated Market Socialism
  • David Lane, Emmanuel College, Cambridge
  • Book: Global Neoliberal Capitalism and the Alternatives
  • Online publication: 20 January 2024
  • Chapter DOI: https://doi.org/10.46692/9781529220933.018
Available formats
×