The Red and the Black
Profit is the motor of capitalism. What would it be under socialism?

http://jacobinmag.com/2012/12/the-red-and-the-black/
Date Written:  2012-12-01
Publisher:  Jacobin
Year Published:  2012
Resource Type:  Pamphlet
Cx Number:  CX14758

In this essay, I start from the common socialist assumption that capitalism’s central defects arise from the conflict between the pursuit of private profit and the satisfaction of human needs. Then I sketch some of the considerations that would have to be taken into account in any attempt to remedy those defects.

Subject Headings

• Economic Alternatives
• Socialism