{"title":"John Stuart Mill: market socialist?","authors":"H. McCabe","doi":"10.1080/00346764.2020.1781923","DOIUrl":null,"url":null,"abstract":"ABSTRACT Compared to other elements of his political and economic thought, John Stuart Mill’s claim to be ‘under the general designation of Socialist’ has largely been ignored. Where it has been acknowledged, it has generally been denied. One exception to this rule has been to link Mill with ‘market socialism’, primarily because of his commitments to worker-cooperatives and competition. These are both elements of Mill's socialism, but when we examine his position on production, distribution and exchange more carefully, it becomes much less clear that Mill endorses anything like a ‘market’ in his socialism. This paper offers a critical assessment of Mill’s status as ‘market socialist’, considering, in particular, the ‘ethos’ he proposed for socialist organization of production and exchange, which is at odds with a profit-seeking motivation.","PeriodicalId":46636,"journal":{"name":"REVIEW OF SOCIAL ECONOMY","volume":"79 1","pages":"506 - 527"},"PeriodicalIF":1.6000,"publicationDate":"2020-06-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/00346764.2020.1781923","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"REVIEW OF SOCIAL ECONOMY","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/00346764.2020.1781923","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 3
Abstract
ABSTRACT Compared to other elements of his political and economic thought, John Stuart Mill’s claim to be ‘under the general designation of Socialist’ has largely been ignored. Where it has been acknowledged, it has generally been denied. One exception to this rule has been to link Mill with ‘market socialism’, primarily because of his commitments to worker-cooperatives and competition. These are both elements of Mill's socialism, but when we examine his position on production, distribution and exchange more carefully, it becomes much less clear that Mill endorses anything like a ‘market’ in his socialism. This paper offers a critical assessment of Mill’s status as ‘market socialist’, considering, in particular, the ‘ethos’ he proposed for socialist organization of production and exchange, which is at odds with a profit-seeking motivation.
期刊介绍：
For over sixty-five years, the Review of Social Economy has published high-quality peer-reviewed work on the many relationships between social values and economics. The field of social economics discusses how the economy and social justice relate, and what this implies for economic theory and policy. Papers published range from conceptual work on aligning economic institutions and policies with given ethical principles, to theoretical representations of individual behaviour that allow for both self-interested and "pro-social" motives, and to original empirical work on persistent social issues such as poverty, inequality, and discrimination.
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