| Abstract: | After a few reminiscences about Arthur Lewis, several questions on what socialism is not about are raised. Neither public ownership, nor welfare services nor central planning are considered essential to it. The view that the distinction capitalism-socialism is obsolete is briefly discussed. It is argued that many important distinctions cut across the divide. The United States is held up as a socialist country. Changes in the socialist creed in the last century are noted. An alternative window of looking at the private-public sector distinction is discussed. And the essence of socialism as the democratization of political and civil society and private firms is advanced. A final plea for pedantic utopianism is made. |
