Description Progressive theorists and activists insist that contemporary capitalism is deeply flawed from a Normative point of view.
Building on Marx\'s legacy, Tony Smith argues in Beyond Liberal Egalitarianism that advocates of this thesis (Rawls, Habermas, Stiglitz,.
However, most accept the Liberal egalitarian thesis that the serious shortcomings of market societies (financial excess, inequality, and so on) could be overcome with proper political regulation.
Description Progressive theorists and activists insist that contemporary capitalism is deeply flawed from a Normative point of view