Revisioning Socialism: The Cherry Esplanade Conjecture

  • David Laibman
  • Richard D. Wolff
  • Dimitris Milonakis


The monumental transition of 1989–91, in which authoritarian regimes based in revolutionary working-class movements lost state power in large parts of the world, has given rise to a new interest in reexamining the idea of socialism itself. It has given us the opportunity to pose fundamental questions in a fresh manner, and to rework the challenge to capitalism based in the Marxist tradition (which remains, I think, the only coherent alternative to free market conservatism and neoliberalism).


Socialist Goal Political Mobilization Socialist Society Soft Budget Constraint Real Wage Rate 
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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1999

Authors and Affiliations

  • David Laibman
  • Richard D. Wolff
  • Dimitris Milonakis

There are no affiliations available

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