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The Red and the Black
Profit is the motor of capitalism. What would it be under socialism?
Ackerman, Seth http://jacobinmag.com/2012/12/the-red-and-the-black/
Publisher: Jacobin
Date Written: 01/12/2012
Year Published: 2012
Resource Type: Pamphlet
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.
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