Posted on

The paper – written with André Pedersen Ystehede (Statistics Denmark) – deals with the recent resurgence of interest in the concept of “socialism” from an economic perspective. The most significant contemporary proposals for a new model of socialism are surveyed across five major thematic areas: socialism as a voluntary endeavour and socialist ethics; socialism as a process of democratization; socialism, efficiency and profit maximization; the problem of planning and the new calculation debate; and, socialism as a means versus socialism as an end. A common framework to assess the new blueprints is constructed to identify the likely directions of the research on these themes in the near future.

Link to the Journal of Economic Surveys