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A Theory of Socialism and Capitalism: Economics, Politics, and Ethics Paperback – Large Print, January 1, 2007
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In so doing, two separate but related claims will be analyzed: (1) the claim made in particular by socialists of the Marxist and the social-democratic camp, and to a lesser degree also by the conservatives, that a principled case in favor of socialism can be made because of the moral value of its principles and, mutatis mutandis, that capitalism cannot be defended morally; and (2) the claim of empiricist socialism that normative statements ("should" or "ought" statements -- since they neither solely relate to facts, nor simply state a verbal definition, and thus are neither empirical nor analytical statements -- are not really statements at all, at least not statements that one could call "cognitive" in the widest of all senses, but rather mere "verbal expressions" used to express or arouse feelings (such as "Wow" or "grrrr").