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Egalitarian political economy beyond market socialism. A comment on John E. Roemer.


Beckstein, Martin (2013). Egalitarian political economy beyond market socialism. A comment on John E. Roemer. Analyse & Kritik, 35(1):65-69.

Abstract

On reflecting about the prospects of advancing the egalitarian cause in the United States, John Roemer makes the case for more traditional strategies than the coupon socialism model he advocated in earlier work. First of all, he suggests, an ethos of solidarity must be developed and the super-rich be subjected to higher taxation. This comment assesses this proposal. On the one hand it is discussed whether the ethos of solidarity Roemer calls for in order to counteract the culture of greed among American elites requires nurturing an undesirable culture of envy among the rest of the population. On the other hand it is considered whether the neoclassical principal-agent model—that Roemer believes must be contested in order to popularize a steep progressive income tax—might be one of the more promising tools to restructure the incentives of economic elites and curb casino capitalism.

Abstract

On reflecting about the prospects of advancing the egalitarian cause in the United States, John Roemer makes the case for more traditional strategies than the coupon socialism model he advocated in earlier work. First of all, he suggests, an ethos of solidarity must be developed and the super-rich be subjected to higher taxation. This comment assesses this proposal. On the one hand it is discussed whether the ethos of solidarity Roemer calls for in order to counteract the culture of greed among American elites requires nurturing an undesirable culture of envy among the rest of the population. On the other hand it is considered whether the neoclassical principal-agent model—that Roemer believes must be contested in order to popularize a steep progressive income tax—might be one of the more promising tools to restructure the incentives of economic elites and curb casino capitalism.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:01 Faculty of Theology > Center for Ethics
06 Faculty of Arts > Institute of Philosophy
Dewey Decimal Classification:100 Philosophy
170 Ethics
Language:English
Date:2013
Deposited On:12 Dec 2013 09:53
Last Modified:05 Apr 2016 17:13
Publisher:Lucius & Lucius Verlagsgesellschaft
ISSN:0171-5860
Free access at:Publisher DOI. An embargo period may apply.
Official URL:http://www.analyse-und-kritik.net/abstracts_aktuell.php#615

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