Develops an ethical and economically feasible model of socialism, based on a novel synthesis of Hayekian market process theory, Marxian class theory, and an Aristotelian theory of justice
Moral principle---not mere self-interest---drives rational decision making
Leading economists explore the premise that all social interactions are exchanges among inherently equal human beings
Uses game theory to model institutions
Examines the economic interests that led to apartheid, the changes that led to its dismantling, and the prospects for postapartheid South African society