What is ‘market socialism’?
Social ownership and democratic control of the means of production, distribution and exchange needs to include effective feedback mechanisms to ensure that output and demand are in balance, writes the Marx Memorial Library
The welcome news that Cuba has finally been removed from the State Sponsors of Terrorism list is tempered by the fact that Donald Trump, the man who put it there, is returning to the White House, warns NATASHA HICKMAN
Thanks to impressive progress in Britain with wind and solar generation, clean electricity now costs a fraction of the price of gas — yet the current system keeps bills artificially high to protect fossil fuels, writes TOM HARDY
By spreading race-based conspiracy theories, the billionaire tycoon turned right-wing provocateur has been seriously undermining the case against those who really did let victims of the grooming gangs down, writes SOLOMON HUGHES
Many Western countries are grappling with deep political instability. What are the causes of this, and what could be a possible way forward? asks MARC VANDEPITTE
KEITH BENNETT explains why, despite its present meagre economic outcomes, an honest and fruitful partnership with China is worth pursuing
Nick Wright talks to photographer and author JANINA STRUK
ON THE face of it, “market socialism” may seem a contradiction in terms.
Capitalism is sometimes characterised as a “market” economy in which supply and demand regulate prices so that production and consumption remain in balance.
The reality of course is that it is a dysfunctional system, hugely exploitative of people and our planet and today dominated by multinational companies and financial institutions. It’s anything but a “free market.”
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