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In Recasting Egalitarianism, part of Verso's Real Utopias series,
economists Samuel Bowles and Herbert Gintis diagnose the current
malaise of the Left as a result of the obsolescence of its
traditional economic models. They propose to rejuvenate the
egalitarian project through a strategy of asset-based
redistribution, drawing in novel ways on markets, competition,
state regulation and community governance. In this major work on
economic and social policy, the authors address the twin challenges
posed by a globally integrated economy and the key economic roles
now played by information, motivation, and other intangibles. They
propose an egalitarian redistribution of assets-land, capital, and
housing-and argue for the beneficial disciplining effects of
competition both in markets and among publicly-funded service
providers, pointing out that the injustices commonly associated
with markets can be avoided if assets are more equally distributed.
The lead essay in the book lays out the underlying logic of this
proposal in some detail. This is followed by responses by critics
and supporters.
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