Equal Shares
Making Market Socialism Work
Published on 17. October 1996
Book
Hardback
300 pages
978-1-85984-933-0 (ISBN)
Description
How is it possible to translate egalitarian ideals into practical policy? In this second volume of the Real Utopias Project, John Roemer proposes the creation of an economy which combines a functioning market with a commitment to equality. Roemer's novel mechanism for achieving this end is the creation of two kinds of money: one used for the purchase of goods and the other, referred to as "coupons," for buying shares in companies. All citizens, on reaching the age of majority, are given an equal number of coupons from which they derive ownership rights in companies, including dividends and a vote in board elections. Firms raise finance capital through the state which converts shareholders' coupons into money. At death, all shares and unspent coupons revert to the state for redistribution. This scheme, Roomer argues, allows for a significant degree of government planning and equal distribution of property in the framework of a free market. it is, in short, a working system of market socialism.
In the series of critiques which follow, a range of distinguished thinkers engage in lively polemic concerning the practicality and effectiveness of Roemer's scheme. The contributors are Richard Arneson, Fred Block, Harry Brighouse, Michael Burawoy, Joshua Cohen, Nancy Folbre, Andrew Levine, Mieke Meurs, Louis Putterman, Joel Rogers, Debra Satz, Julius Sensat, William Simon, Frank Thompson, Thomas Weisskopf, and Erik Olin Wright.
In the series of critiques which follow, a range of distinguished thinkers engage in lively polemic concerning the practicality and effectiveness of Roemer's scheme. The contributors are Richard Arneson, Fred Block, Harry Brighouse, Michael Burawoy, Joshua Cohen, Nancy Folbre, Andrew Levine, Mieke Meurs, Louis Putterman, Joel Rogers, Debra Satz, Julius Sensat, William Simon, Frank Thompson, Thomas Weisskopf, and Erik Olin Wright.
More details
Series
Language
English
Place of publication
London
United Kingdom
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 244 mm
Width: 163 mm
Thickness: 28 mm
Weight
628 gr
ISBN-13
978-1-85984-933-0 (9781859849330)
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Schweitzer Classification
Other editions
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Book
10/1996
Verso Books
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Persons
Michael Burawoy is Professor of Sociology at the University of California, Berkeley.
Joshua Cohen was born in 1980 in New Jersey. He is the author of five books, including the novels Cadenza for the Schneidermann Violin Concerto, A Heaven of Others, and Witz. Cohen's essays have appeared in The Forward, Nextbook, The Believer, and Harper's. He lives in Brooklyn, NY.
John E. Roemer is the Elizabeth S. and A. Varick Professor of Political Science and Economics. He is a Fellow of the Econometric Society, and has been a Fellow of the Guggenheim Foundation and the Russell Sage Foundation.
Joel Rogers is Professor of Law and Sociology at the University of Wisconsin, Madison and Director of COWS. His many books include On Democracy, Right Turn, The Forgotten Majority, and What Workers Want. A longtime activist, Rogers was identified by Newsweek as one of the 100 Americans most likely to shape U.S. politics and culture in the 21st century.
Erik Olin Wright is Vilas Distinguished Professor of Sociology at the University of Wisconsin. He is the author of many books, including Classes, Interrogating Inequality, Class Counts, Deepening Democracy (with Archon Fung), and Envisioning Real Utopias. For more information on Envisioning Real Utopias and the Real Utopias project, and to access book content, please visit realutopias.org (site in progress).
Joshua Cohen was born in 1980 in New Jersey. He is the author of five books, including the novels Cadenza for the Schneidermann Violin Concerto, A Heaven of Others, and Witz. Cohen's essays have appeared in The Forward, Nextbook, The Believer, and Harper's. He lives in Brooklyn, NY.
John E. Roemer is the Elizabeth S. and A. Varick Professor of Political Science and Economics. He is a Fellow of the Econometric Society, and has been a Fellow of the Guggenheim Foundation and the Russell Sage Foundation.
Joel Rogers is Professor of Law and Sociology at the University of Wisconsin, Madison and Director of COWS. His many books include On Democracy, Right Turn, The Forgotten Majority, and What Workers Want. A longtime activist, Rogers was identified by Newsweek as one of the 100 Americans most likely to shape U.S. politics and culture in the 21st century.
Erik Olin Wright is Vilas Distinguished Professor of Sociology at the University of Wisconsin. He is the author of many books, including Classes, Interrogating Inequality, Class Counts, Deepening Democracy (with Archon Fung), and Envisioning Real Utopias. For more information on Envisioning Real Utopias and the Real Utopias project, and to access book content, please visit realutopias.org (site in progress).