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New Left Review I/210, March-April 1995

Erik Olin Wright

Coupon Socialism and SocialistValues

Socialists have traditionally criticized capitalism for the ways in which it violates four central values:

1) Equality: Capitalism generates morally intolerable levels of inequality of material conditions of people. This is especially offensive in its impact on children, but more broadly the levels of material deprivation in a world of affluence generated by capitalism violates a wide range of principles of egalitarian justice held by socialists.

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Erik Olin Wright, ‘Coupon Socialism and Socialist Values’, NLR I/210: £3

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