The socialist model: limitations and pitfalls

In the first part of this article, I discussed the basic socialist worldview. In the second part, I examined the predictive power of the model. This, the third and final part, looks at some of its limitations and pitfalls. Given its extreme simplicity, the socialist model has proved good at predicting - in broad brushstrokes…

Socialism: a predictive model

In the first part of this article, I discussed the basic socialist worldview and how it differs from the dominant liberal-democratic alternative. This article continues the theme and looks at the merits of the socialist model as a theory of social dynamics. To recap briefly. The socialist worldview (shown in diagrammatic form above) considers the…