Towards a post-Covid Meadean economy

The overall picture is of an economy with some features of capitalism. The market remains as the main mechanism for the co-ordination of production. There is also widespread ownership of assets. But in key respect, this is not a capitalist society. for one thing, ‘worker’ and ‘capitalist’ are not so much distinct social classes as roles that most, if not all, citizens occupy to some degree…..Second, altogether the state does not plan production, it owns a substantial share of society’s assets....”

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