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Single Idea 23165

[filed under theme 24. Political Theory / D. Ideologies / 8. Socialism ]

Full Idea

Economic justice is held by Socialists (rightly, in my opinion) to involve state ownership of key industries and considerable regulation of foreign trade.

Gist of Idea

Socialists say economic justice needs some state control of industries, and of foreign trade

Source

Bertrand Russell (Authority and the Individual [1949], 5)

Book Ref

Russell,Bertrand: 'Authority and the Individual' [Unwin 1977], p.70


A Reaction

This must be to obtain greater control over the profits of industry, and also to prevent trade become too exploitative of weaker foreign nations. Britain had a socialist government when this book was written.


The 13 ideas with the same theme [control of main beneficial institutions by society]:

People care less about what is communal, and more about what is their own [Aristotle]
The great interest of the human race is cordial unity and unlimited mutual aid [Owen]
Liberty without socialism is injustice; socialism without liberty is brutality [Bakunin]
Being a slave of society is hardly better than being a slave of a despot [Russell]
Managers are just as remote from workers under nationalisation as under capitalism [Russell]
Socialists say economic justice needs some state control of industries, and of foreign trade [Russell]
When the state is the only employer, there is no refuge from the prejudices of other people [Russell]
It is not more money which the wretched members of society need [Weil]
Socialism tends to make a proletariat of the whole population [Weil]
Socialist economics needs a very strong central power, virtually leading to slavery [Hayek, by Oksala]
Socialism can be productive and centralised, or less productive and decentralised [Dobson]
The welfare state aims at freedom from want, and equality of opportunity [Micklethwait/Wooldridge]
Redistributing wealth treats some people as means, rather than as ends [Swift]