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Alienation and Justice in the Market*

Published online by Cambridge University Press:  01 August 2014

Arthur DiQuattro
Arthur DiQuattro*
Affiliation:
University of Washington
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Abstract

This article elucidates and critically evaluates the Marxian ideas of justice and alienation by distinguishing between the class structure of capitalism and the use of the market as a mode of allocation. The argument is that the social relations of production, not the market mechanism, are primarily responsible for exploitation and alienated labor under capitalism. It follows from this that both the labor theory of value and the marginal theory of productivity, as theories of the market, are consistent with the Marxian theory of exploitation. An additional implication is that market socialism, the use of market arrangements against the background of socialist productive relations, is not only compatible with, but required by, the values that define a socialist society.

Type
Research Article
Information
American Political Science Review , Volume 72 , Issue 3 , September 1978 , pp. 871 - 887
Copyright
Copyright © American Political Science Association 1978

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Footnotes

*

This is a revised version of a paper presented at the 1976 APSA meetings, Chicago, Illinois. An earlier draft was also presented to the Colloquium in Social Theory, a part of the Social Theory Program at the University of Washington. I am indebted to the discussion of colloquium participants, as well as for helpful comments offered by anonymous reviewers of the American Political Science Review. Thanks also to V. V. Svacek, University of Toronto, whose antagonism to the idea of the market prompted my interest in writing this paper.

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