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The Market and its Critics (Routledge Revivals) - Socialist Political Economy in Nineteenth Century Britain (Paperback)
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The Market and its Critics (Routledge Revivals) - Socialist Political Economy in Nineteenth Century Britain (Paperback)
Series: Routledge Revivals
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The Market and Its Critics, first published in 1988, considers the
reaction of socialist writers to the growth of the market economy
in nineteenth century Britain, and examines in detail the diverse
elements of the critique which they formulated. Dr Thompson looks
at the theoretic and thematic continuities and discontinuities over
the century, structuring his study around the idea of a changing
socialist response to the market economy. Much of the literature in
question is comprehensive, perceptive and acute. However, the
writers invariably discounted the possibility of the market playing
a role in a future socialist or communist commonwealth. The
solutions they posited to the problem were inapplicable to the
increasingly industrial economy of the time. It was this that left
their writing vulnerable to attack, and which had profound
consequences both for the fate of the socialist political economy
in nineteenth century Britain and its subsequent evolution in the
twentieth century.
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