Professional Documents
Culture Documents
rewards should be related to contributions. The contributions of the nonhuman resources, however, are
to go to society as a whole. Only inequalities in wages are to be permitted. Wage differentials are to be
used as inducements, as incentives, and as guides to the proper allocation of the labor supply, very
much as under capitalism. The citizens are then to be allowed to spend their earned incomes as they see
fit. These two freedoms, it is argued, will suffice to guarantee fundamental human values and without
the need of accepting the inequalities which result from the institutions of private property and the right
of bequest. Accordingly we shall call the model to be examined in this chapter "liberal socialism" to
distinguish it from the authoritarian socialism of the avowed communist.