Paper Summary:

In this paper, the theory of Historical Materialism (Marxism) is applied to libertarian economic theory. The paper identifies strengths and weaknesses in libertarian theory, the weakness being failure to recognize that real-world markets are imperfect. The paper examines the implications for development of a more just society.

From the Paper:

"If a society is to be just, a requirement as fundamental as justice itself is that the society be able to work. That is it must function as a society in a material sense; feeding, housing, clothing, and otherwise providing for the needs and wishes of its people. If a society cannot meet these needs, it will die off or change into some other kind of society and not necessarily a just one anymore. It is therefore useless to pursue..."

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