Skip to main content
Log in

Why Austrian socialism?

  • Published:
The Review of Austrian Economics Aims and scope Submit manuscript

Abstract

Socialist objectives can be achieved in a market context with the rule of law if market socialism were to take the form of competitive worker-owned and self-managed enterprises, supplemented by universally available welfare redistributions, which could include a basic income, universal capital grants, or education and health insurance vouchers.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Similar content being viewed by others

References

  • Ackerman, B., & Alstott, A. (1999). The stakeholder society. New Haven: Yale University Press.

    Google Scholar 

  • Bowles, S., & Gintis, H. (1993). The revenge of Homo economicus: Contested exchange and the revival of political economy. The Journal of Economic Perspectives, 7(1), 83–102.

    Google Scholar 

  • Bowles, S., & Gintis, H. (1998). Recasting egalitarianism. London: Verso.

    Google Scholar 

  • Ellerman, D. (1992). Property and contract in economics. Oxford: Basil Blackwell.

    Google Scholar 

  • Hamowy, R. (1961). Hayek’s concept of freedom: A critique. New Individualist Review, 1(1), 28–31.

    Google Scholar 

  • Hayek, F. (1960). The constitution of liberty. Chicago: University of Chicago Press.

    Google Scholar 

  • Hayek, F. (1961). Freedom and coercion: Some comments on Mr. Hamowy’s criticism. New Individualist Review, 1(2), 28–30.

    Google Scholar 

  • Hayek, F. (1978). Adam Smith’s message in today’s language. New studies in philosophy, politics, economics and the history of ideas. Chicago: University of Chicago Press.

    Google Scholar 

  • Horwitz, S. (2007). “Leftists for Hayek.” Reason, July, 65–69.

  • Murray, C. (2006). In our hands: A plan to replace the welfare state. Washington, D.C.: AEI.

    Google Scholar 

  • Nussbaum, M. (2008). ‘Mutilated and deformed’: Adam Smith on the material basis of human dignity. The cosmopolitian tradition. New Haven: Yale University Press (forthcoming).

    Google Scholar 

  • Roemer, J. (1994). A future for socialism. Cambridge: Harvard University Press.

    Google Scholar 

  • Samuels, W. (2002). The rule of law and the capture and use of government in a world of inequality. Economics, governance and law. Cheltenham: Edward Elgar.

    Google Scholar 

  • Smith, A. (1981). An Inquiry into the Nature and Causes of the Wealth of Nations, vol II. Indianapolis: Liberty Fund.

    Google Scholar 

  • Storr, V. (2007). Review of Theodore Burczak’s Socialism after Hayek. Review of Austrian Economics, 20(4), 313–316.

    Article  Google Scholar 

  • van der Veen, R., & Van Parijs, P. (2006). A capitalist road to communism. Basic Income Studies, 1, 1–23 (originally published in Theory and Society, 15(5) (1986), 635–55).

    Google Scholar 

  • Wolff, R. (2007). Why communism? Rethinking Marxism, 19(3), 322–336.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Theodore Burczak.

Rights and permissions

Reprints and permissions

About this article

Cite this article

Burczak, T. Why Austrian socialism?. Rev Austrian Econ 22, 297–300 (2009). https://doi.org/10.1007/s11138-008-0059-z

Download citation

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s11138-008-0059-z

Keywords

JEL codes

Navigation