POL S101 Lecture Notes - Lecture 7: State Ownership, Positive Liberty, Planned Economy

• School: University of Alberta
• Department: Political Science
• Course: POL S101
• Professor: D.Mark Blethy

Document Summary

Common principle: planned economy: government make production and distribution decisions, public ownership: market is unfair, so government should own some of, or all of the economy, equality, freedom. Socialist interpretations: government should control means of transportation, communication and finance, government owns above, and the parts of economy is unprofitable, equality: equal rights and opportunities (cradle-to-grave). Besides age and gender, if you are in need, there is government for you; too expensive and high taxes: negative and positive freedom, but heavily regulated market. Communist interpretations: government and then workers, make all production and distribution decisions, there should be no private property, equality: From each according to ability, to each according to need: non-alienated labor. Karl marx: labor: creative life activity, material life: what we build, mode of living: how labors are organized, history: class conflict unfolding, alienation: separateness. Workers can be alienated from owners, economic interests.