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David Lane — Why market socialism is a viable alternative to neoliberalism

Summary:
The key idea, according to British political scientists such as Julian Le Grand and David Miller, is that market socialism retains the market mechanism while socializing the ownership of capital. The thrust of this social-democratic approach is that markets not only promote efficiency but also freedom and democracy thus giving wide political appeal. London School of Economics Blog Why market socialism is a viable alternative to neoliberalism David Lane | previously Professor of Sociology at Birmingham University and currently Emeritus Fellow of Emmanuel College, Cambridge University

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The key idea, according to British political scientists such as Julian Le Grand and David Miller, is that market socialism retains the market mechanism while socializing the ownership of capital. The thrust of this social-democratic approach is that markets not only promote efficiency but also freedom and democracy thus giving wide political appeal.
London School of Economics Blog
Why market socialism is a viable alternative to neoliberalism
David Lane | previously Professor of Sociology at Birmingham University and currently Emeritus Fellow of Emmanuel College, Cambridge University
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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