Socialism Revised and Modernized: The Case for Pragmatic Market Socialism

By James A. Yunker | Go to book overview

TABLES AND FIGURES
TABLES
6.1. Key Indicators from Three Variants of a Model of Aggregate Investment198
7.1. Estimated Share of the Wealthiest One Percent of the U.S. Population in Total Wealth, 1922-1982210
7.2. Comparison of Capital Wealth Distribution with Labor Income Distribution in the U.S. Population, 1962214
7.3. Implications of Capital Wealth Distribution in the U.S. Population, by Age and Overall219
7.4. Probate Evidence on the Role of Inheritance in Wealthholding225
7.5. A Simulation of Random Capital Wealth Appreciation229
7.6. Average Gini Coefficient and R-Squared over Ten Random Capital Wealth Appreciation Simulations231
FIGURES
4.1. Utility-Maximizing Equilibrium121
4.2. Reduction in Retention Coefficient122
4.3. Backward-Bending Effort Supply123
4.4. Smaller Capital Return Elasticity126
6.1. Potential Growth in National Income198
7.1. Percentage Benefited by Socialism216

-ix-

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Socialism Revised and Modernized: The Case for Pragmatic Market Socialism
Table of contents

Table of contents

  • Title Page iii
  • Contents vii
  • Title Page ix
  • Preface xi
  • 1 - A New Perspective on Socialism 1
  • 2 - The Pragmatic Market Socialist Proposal 29
  • Notes 58
  • 3 - Pragmatic Market Socialism: Pro and Con 67
  • Notes 92
  • 4 97
  • Notes 140
  • 6 - Investment, Growth, and Entrepreneurship 175
  • Notes 199
  • 7 - People's Capitalism 205
  • Notes 234
  • 8 - Capitalism and Democracy 241
  • Notes 257
  • 9 - Capitalism and History 259
  • Notes 273
  • 10 - Prospects for Change? 277
  • ANALYTICAL APPENDIX 291
  • References 307
  • SUBJECT INDEX 325
  • NAME INDEX 333
  • About the Author 338
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