 Efficiency: democratic planning, humane work, liberated life. Chapter 9 in Rethinking Socialism, 2024, pp 136-160 from Edward Elgar Publishing Abstract: The democratisation of decision-making power over investments is only one prerequisite for realising a radical material transformation of capitalist production and lifestyles. Alongside the carbon industries, the financial sector, the energy and mobility sector, the building sector and agriculture are key areas for transformation. What is needed are sustainable mobility systems, a radical shift towards renewable energies, a healthy shrinking of the financial industry and a radical reorganisation of agricultural production. A system of democratic planning that integrates sustainability goals into the pricing of goods and services will accelerate the material transformation. Control over larger budgets of freely available time contributes to the spread of gender-equitable ways of living, and also breaks with the rat-race marketing-orientation of the modern self. Socialism becomes a widely accepted way of life, whose guiding principle is: enough for all rather than ever more for the few! Keywords: Economics and Finance; Environment; Politics and Public Policy Sociology and Social Policy; Sustainable Development Goals (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:23022_9 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Chapters from Edward Elgar Publishing |
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