A Socialist Economy For The 21st Century
By Richard Rosen for The Next System Project - In Next System Project Report 3, author and Tellus Institute co-founder Richard A. Rosen explores the changes he deems necessary for a modern definition of “socialism”, and describes key concepts and issues that arise when aiming to restructure the American economy to include social and environmental sustainability in the Twenty-First Century. To elucidate some of these concepts and issues, Rosen analyzes a set of economic sectors that have very different mechanisms and structures for determining prices, and very different environmental impacts, including: chemical manufacturing, small businesses, housing, defense manufacturing, nonprofit sector, agriculture, and finance.