The Politics of Market Socialism
指出关于市场社会主义的争论忽略了政治家目标对资源配置的影响,论证民主社会主义比民主资本主义效率更低,因此反对市场社会主义的政治理由比经济理由更强。
The debate over market socialism has ignored the importance of the assumptions about the objectives of politicians in determining resource allocation. Theory and evidence suggest that totalitarian socialism does not lead to efficient resource allocation because dictators do not maximize social welfare. But democratic governments have political objectives different from social welfare as well. The authors argue that because these governments command greater resources (have more control rights) under socialism, democratic socialism (even if it could exist) is a less efficient system than democratic capitalism. Thus the political case against market socialism is even stronger than the economic case.