Confronting Capitalism: Socialism in the 21st Century
Jacobin Radio
00:00
Three Models of Anti-Capitalism
- There are three models of anti-capitalism.
- The weakest is Sanders-style social democracy, which retains private ownership but protects certain goods from the market, treating them as citizenship rights.
- The strongest is full planning, where all goods and services are consciously allocated, eliminating the market entirely.
- An intermediate model is market socialism, which combines markets with non-private ownership of the means of production. Enterprises compete, but profits and losses aren't taken by private owners.
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