AFTER SOCIALISM: MUTUALISM AND A PROGRESSIVE MARKET STRATEGY
William A. Galston a1 a1 Public Affairs, University of Maryland
I undertake three tasks in this exploratory essay. First, I
examine some of the lessons of recent history concerning the
relation between socialism, markets, and liberal democracy.
Second, I lay out the basic theoretical building-blocks of an
alternative to both socialism and laissez-faire that I call
“mutualism.” Finally, I draw some conclusions for
public policy and practice, in the form of what I call a
“progressive market strategy.” A brief conclusion
ponders the question, What's left of socialism?