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Socialism The Tragedy Of An Idea
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Book Synopsis Socialism—The Tragedy of an Idea by : Lajos Bokros
Download or read book Socialism—The Tragedy of an Idea written by Lajos Bokros and published by Springer Nature. This book was released on 2020-12-20 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the idea of socialism from three angles and raises the questions if socialism is possible, inevitable, and desirable. Socialism as an economic and societal system was possible based on the two most important pillars of Marxian political economy: State ownership in the means of production and mandatory central planning (command economy). Nevertheless, these two characteristics are compatible only with dictatorship. On this basis, socialism is neither inevitable nor desirable, because it excludes competition, freedom, democracy, and the rule of law. The three questions are analyzed through the academic work of five towering figures: Joseph A. Schumpeter, Karl Polanyi, Friedrich A. Hayek, Karl Popper, and Hannah Arendt. The theoretical findings and inferences resulting from this analysis are compared with the reality of socialism as it existed rather than an imaginary uncontroversial blueprint of socialism. The book discusses the evolution of Soviet communism and its attempts with market reforms to solve its inherent contradictions. It concludes that totalitarian regimes tend to fail in reforms because market freedom is inconsistent with totalitarian control. The author makes a strong case against dictatorship, also in the context of the spreading of nationalist populism around the globe. This book is a must-read for everybody interested in a better understanding of the ideas of socialism, totalitarianism, and populism.
Book Synopsis A History of European Socialism by : Albert S. Lindemann
Download or read book A History of European Socialism written by Albert S. Lindemann and published by Yale University Press. This book was released on 1983-01-01 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a serious and accomplished synthesis. . . . Biographical vignettes enliven the presentation of ideas, and references to studies of regional diversities . . . give the narrative an uncommonly rich texture. . . . Lucid and illuminating. . . . It is the best book on the subject to put into the hands of our students.--Helmut Gruber, International Labor and Working Class History A synthetic narrative by a young academic scholar . . . who has independent ideas on an important subject. . . . This book is worth reading if for no other reason than its modest, but nonpatronizing rehabilitation from generations of Marxist caricature of a host of deeply democratic European socialists.--James H. Billington, Washington Post Book World One asset of this book is its lack of the overbearing personal partisanship one finds in so many historical studies of socialism. . . . [Lindeman incorporates] some recent and inaccessible studies in social history written 'from the bottom up.'--David D'Arcy, World View As a whole, Lindemann offers a more balanced treatment of the ideas and the movement of socialism than found in many extant histories. . . . A must for all college and university libraries.--Choice A competent and fair-minded study of a controversial subject. It presents much factual material and judicious interpretation in lucid prose.--L. S. Stavrianos, Los Angeles Times Book Review
Book Synopsis Socialism: The Failed Idea That Never Dies by : Kristian Niemietz
Download or read book Socialism: The Failed Idea That Never Dies written by Kristian Niemietz and published by London Publishing Partnership. This book was released on 2019-02-07 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Socialism is strangely impervious to refutation by real-world experience. Over the past hundred years, there have been more than two dozen attempts to build a socialist society, from the Soviet Union to Maoist China to Venezuela. All of them have ended in varying degrees of failure. But, according to socialism’s adherents, that is only because none of these experiments were “real socialism”. This book documents the history of this, by now, standard response. It shows how the claim of fake socialism is only ever made after the event. As long as a socialist project is in its prime, almost nobody claims that it is not real socialism. On the contrary, virtually every socialist project in history has gone through a honeymoon period, during which it was enthusiastically praised by prominent Western intellectuals. It was only when their failures became too obvious to deny that they got retroactively reclassified as “not real socialism”.
Book Synopsis The Case Against Socialism by : Rand Paul
Download or read book The Case Against Socialism written by Rand Paul and published by HarperCollins. This book was released on 2019-10-15 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: A recent poll showed 43% of Americans think more socialism would be a good thing. What do these people not know? Socialism has killed millions, but it’s now the ideology du jour on American college campuses and among many leftists. Reintroduced by leaders such as Bernie Sanders and Alexandria Ocasio-Cortez, the ideology manifests itself in starry-eyed calls for free-spending policies like Medicare-for-all and student loan forgiveness. In The Case Against Socialism, Rand Paul outlines the history of socialism, from Stalin’s gulags to the current famine in Venezuela. He tackles common misconceptions about the “utopia” of socialist Europe. As it turns out, Scandinavian countries love capitalism as much as Americans, and have, for decades, been cutting back on the things Bernie loves the most. Socialism’s return is only possible because many Americans have forgotten the true dangers of the twentieth-century’s deadliest ideology. Paul reveals the devastating truth: for every college student sporting a Che Guevara T-shirt, there’s a Venezuelan child dying of starvation. Desperate refugees flee communist Cuba to escape oppressive censorship, rationed food and squalid hospitals, not “free” healthcare. Socialist dictatorships like the People’s Republic of China crush freedom of speech and run massive surveillance states while masquerading as enlightened modern nations. Far from providing economic freedom, socialist governments enslave their citizens. They offer illusory promises of safety and equality while restricting personal liberty, tightening state power, sapping human enterprise and making citizens dependent on the dole. If socialism takes hold in America, it will imperil the fate of the world’s freest nation, unleashing a plague of oppressive government control. The Case Against Socialism is a timely response to that threat and a call to action against the forces menacing American liberty.
Download or read book Soviet Tragedy written by Martin Malia and published by Simon and Schuster. This book was released on 2008-06-30 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Soviet Tragedy is an essential coda to the literature of Soviet studies...Insofar as [he] returns the power of ideology to its central place in Soviet history, Malia has made an enormous contribution. He has written the history of a utopian illusion and the tragic consequences it had for the people of the Soviet Union and the world." -- David Remnick, The New York Review of Books "In Martin Malia, the Soviet Union had one of its most acute observers. With this book, it may well have found the cornerstone of its history." -- Francois Furet, author of Interpreting the French Revolution "The Soviet Tragedy offers the most thorough scholarly analysis of the Communist phenomenon that we are likely to get for a long while to come...Malia states that his narrative is intended 'to substantiate the basic argument,' and this is certainly an argumentative book, which drives its thesis home with hammer blows. On this breathtaking journey, Malia is a witty and often brilliantly penetrating guide. He has much wisdom to impart." -- The Times Literary Supplement "This is history at the high level, well deployed factually, but particularly worthwhile in the philosophical and political context -- at once a view and an overview." -- The Washington Post
Book Synopsis Socialism-The Tragedy of an Idea by : Lajos Bokros
Download or read book Socialism-The Tragedy of an Idea written by Lajos Bokros and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the idea of socialism from three angles and raises the questions if socialism is possible, inevitable, and desirable. Socialism as an economic and societal system was possible based on the two most important pillars of Marxian political economy: State ownership in the means of production and mandatory central planning (command economy). Nevertheless, these two characteristics are compatible only with dictatorship. On this basis, socialism is neither inevitable nor desirable, because it excludes competition, freedom, democracy, and the rule of law. The three questions are analyzed through the academic work of five towering figures: Joseph A. Schumpeter, Karl Polanyi, Friedrich A. Hayek, Karl Popper, and Hannah Arendt. The theoretical findings and inferences resulting from this analysis are compared with the reality of socialism as it existed rather than an imaginary uncontroversial blueprint of socialism. The book discusses the evolution of Soviet communism and its attempts with market reforms to solve its inherent contradictions. It concludes that totalitarian regimes tend to fail in reforms because market freedom is inconsistent with totalitarian control. The author makes a strong case against dictatorship, also in the context of the spreading of nationalist populism around the globe. This book is a must-read for everybody interested in a better understanding of the ideas of socialism, totalitarianism, and populism.
Book Synopsis The Black Book of Communism by : Stéphane Courtois
Download or read book The Black Book of Communism written by Stéphane Courtois and published by Harvard University Press. This book was released on 1999 with total page 920 pages. Available in PDF, EPUB and Kindle. Book excerpt: This international bestseller plumbs recently opened archives in the former Soviet bloc to reveal the accomplishments of communism around the world. The book is the first attempt to catalogue and analyse the crimes of communism over 70 years.
Book Synopsis European Socialism by : William Smaldone
Download or read book European Socialism written by William Smaldone and published by Rowman & Littlefield. This book was released on 2019-10-16 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: This accessible text offers a concise but comprehensive introduction to European socialism, which arose in the maelstrom of the industrial and democratic revolutions launched in the eighteenth century. Striving for sweeping social, economic, cultural, and political change, socialists were a diverse lot. However, they were united by principles asserting the social and political equality of all people, ideas that won the adherence of millions and struck fear in the hearts of their numerous opponents. William Smaldone shows how, over the course of 200 years, socialists successfully promoted the democratization of European society and a more equitable division of wealth. At the same time, he illustrates how conflicts over the means of achieving their aims divided them into rival “socialist” and “communist” currents, a rift that undercut the struggle against fascism and helped lay the groundwork for Europe’s division during the Cold War. Although many predicted the demise of socialism as a potent force after the end of the Cold War, the Soviet Union’s dissolution, and the rise of neo-liberal ideology, recent developments show that such a judgment was premature. The author argues that the growth of new socialist parties across Europe indicates that socialist ideas remain vibrant in the face of capitalism’s failure to solve chronic social and economic problems, especially following the deep global crisis that began in 2008. Combining an analytical narrative with a selection of primary texts and visual images, this book provides undergraduate students with a brief, readable history, including an overview of how socialist political movements have evolved over time and stressing the rich diversity that has characterized socialism’s foundations from its beginning. This new edition brings this text up to date and examines the European socialist movement in the face of 21st century challenges. It includes a new preface, including the 2017 American election, updated bibliographies, two new chapters and an afterword.
Book Synopsis Socialism with Chinese Characteristics by : Roland Boer
Download or read book Socialism with Chinese Characteristics written by Roland Boer and published by Springer Nature. This book was released on 2021-04-27 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the whole system of Socialism with Chinese Characteristics, dealing with Deng Xiaoping’s theory, the socialist market economy, a moderately well-off (Xiaokang) society, China’s practice and theory of socialist democracy, human rights, and Xi Jinping’s Marxism. In short, the resolute focus is the Reform and Opening-Up. Socialism with Chinese Characteristics is one of the most important global realities today. However, the concept and its practice remain largely misunderstood outside China. This book sets to redress such a lack of knowledge, by making available to non-Chinese speakers the sophisticated debates and conclusions in China concerning socialism with Chinese Characteristics. It presents this material in a way that is both accessible and thorough.
Book Synopsis Heaven on Earth by : Joshua Muravchik
Download or read book Heaven on Earth written by Joshua Muravchik and published by Encounter Books. This book was released on 2003 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The search for the Promised Land took socialists in diverse directions: revolution, communes and kibbutzim, social democracy, communism, fascism, Third Worldism. But none of these paths led to the prophesied utopia. Nowhere did socialists succeed in creating societies of easy abundance or in midwifing the birth of a "New Man," as their theory promised. Some socialist governments abandoned their grandiose goals and satisfied themselves with making slight modifications to capitalism, while others plowed ahead doggedly, often inducing staggering human catastrophes. Then, after two hundred years of wishful thinking and fitful governance, socialism suddenly imploded in the 1990s in a fin du siecle drama of falling walls, collapsing regimes and frantic revisions of doctrine."--BOOK JACKET.
Book Synopsis The Naked Socialist by : Paul B. Skousen
Download or read book The Naked Socialist written by Paul B. Skousen and published by Izzard Ink. This book was released on 2014-05-26 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Naked Socialist is the real story of socialism. Complete, easy to read, no jargon, well documented, and gives a fascinating look at the raw decay of culture and economy now at work in America. It also provides a beautifully described explanation of the lasting principles of prosperity and constitutional freedoms that must be restored relatively quickly. The Naked Socialist strips away the fakery, the false hopes, the hollow dreams, and the meaningless promises that socialists have foisted on countless millions---not just for the present, but over thousands of years. With clear, brief, and step-by-step examples and anecdotes, the author explains what socialism is, where it came from, how it works, how to recognize it, and why it always destroys its host nation. You will learn that the Seven Pillars of Socialism are not at all new, but a phenomenon that first appeared more than 6,000 years ago---and why socialism managed to mushroom in nations and cultures right up into today’s current events. The Naked Socialist is divided into five parts: 1) Gaining an understanding of what socialism is, 2) How it has appeared in human history, 3) The miracle that stopped socialism, 4) The corruption of that miracle, and, 5) The steps to return that miracle to America and the rest of the world today. Included throughout the book are several questions to teach, test and emphasize important points so that students of freedom may see where this nation needs to move to regain its lost liberties. The Naked Socialist fulfills an urgent need to answer such questions as, • How much of the U.S. Constitution has been replaced with socialism? • What is socialism, and why does it eventually ruin everything it touches? • How did the Founding Fathers specifically make socialism illegal? • How did socialism destroy Rome, the ancient Inca, Jamestown, and Plymouth? Are these same patterns of demise at work today? • Which U.S. presidents socialized America, and what steps did they take to do it? Are these reversible? • How is socialism hurting other nations around the globe? • What are the best examples of socialism in action today? • What are the Seven Pillars of Socialism? • How can people learn to recognize socialism in their midst, or, learn if they're thinking like a socialist? • What are the 46 goals of socialism? • What will it take to eradicate socialism once and for all? The study of freedom breathes hope and encouragement into all things---it sheds light into the dark corners of deception and conspiracy, showing that truth is the only authentic “transparency.” Once socialism is stripped naked, those badly needed answers to restore freedom will materialize for everyone’s benefit. Find those answers, plus hope and courage, in the pages of The Naked Socialist. Reviews "The Naked Socialist is going to be explosive! When people know what Paul Skousen is talking about, and really get to the heart of socialism, The Naked Socialist is going to go VIRAL." --George Jarkesy, Host of the nationally syndicated "The George Jarkesy Radio Show" "The Naked Socialist is an amazing book that provides clarity to what is going on in the socialist world and why Americans do not seem to get socialism!" -Howard Stephenson, Utah State Senator, President of the Utah Taxpayers Association and Host of Red Meat Radio "The Naked Socialist is one of those books that is both an interesting read, as well as a useful reference book. Paul Skousen's research is insightful and thorough, spanning many civilizations and continents. He not only strips socialism of its clothing, he also provides us with great ideas for fighting this scourge. This is a MUST READ for anyone who wants to know how our country arrived where it is today." -Stefan Bartelski, Radio Host of the "Patriot Come Lately Show" "The Naked Socialist connects the ancient order of oppression with the modern order of oppression. The Naked Socialist is a fabulous book and we need to get everyone to read it NOW!" --Morgan Philpot, Host of "Philpot Radio" and former member of the Utah House of Representatives As a retired University Professor, I have spent many hours over the years doing research. "The Naked Socialist" will be a gold mine for anyone presently researching the Socialist inroads in America! It is the most complete and heavily documented work I have ever read, yet can be read straight though as an intriguing historical novel. --James C. Bowers, Sc.D., Author of "The Naked Truth: The Naked Communist Revisited"
Book Synopsis The Devil in History by : Vladimir Tismaneanu
Download or read book The Devil in History written by Vladimir Tismaneanu and published by University of California Press. This book was released on 2014-03-14 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Devil in History is a provocative analysis of the relationship between communism and fascism. Reflecting the author’s personal experiences within communist totalitarianism, this is a book about political passions, radicalism, utopian ideals, and their catastrophic consequences in the twentieth century’s experiments in social engineering. Vladimir Tismaneanu brilliantly compares communism and fascism as competing, sometimes overlapping, and occasionally strikingly similar systems of political totalitarianism. He examines the inherent ideological appeal of these radical, revolutionary political movements, the visions of salvation and revolution they pursued, the value and types of charisma of leaders within these political movements, the place of violence within these systems, and their legacies in contemporary politics. The author discusses thinkers who have shaped contemporary understanding of totalitarian movements—people such as Hannah Arendt, Raymond Aron, Isaiah Berlin, Albert Camus, François Furet, Tony Judt, Ian Kershaw, Leszek Kolakowski, Richard Pipes, and Robert C. Tucker. As much a theoretical analysis of the practical philosophies of Marxism-Leninism and Fascism as it is a political biography of particular figures, this book deals with the incarnation of diabolically nihilistic principles of human subjugation and conditioning in the name of presumably pure and purifying goals. Ultimately, the author claims that no ideological commitment, no matter how absorbing, should ever prevail over the sanctity of human life. He comes to the conclusion that no party, movement, or leader holds the right to dictate to the followers to renounce their critical faculties and to embrace a pseudo-miraculous, a mystically self-centered, delusional vision of mandatory happiness.
Book Synopsis The Price of Peace by : Zachary D. Carter
Download or read book The Price of Peace written by Zachary D. Carter and published by Random House Trade Paperbacks. This book was released on 2021-04-20 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • An “outstanding new intellectual biography of John Maynard Keynes [that moves] swiftly along currents of lucidity and wit” (The New York Times), illuminating the world of the influential economist and his transformative ideas “A timely, lucid and compelling portrait of a man whose enduring relevance is always heightened when crisis strikes.”—The Wall Street Journal WINNER: The Arthur Ross Book Award Gold Medal • The Hillman Prize for Book Journalism FINALIST: The National Book Critics Circle Award • The Sabew Best in Business Book Award NAMED ONE OF THE TEN BEST BOOKS OF THE YEAR BY PUBLISHERS WEEKLY AND ONE OF THE BEST BOOKS OF THE YEAR BY Jennifer Szalai, The New York Times • The Economist • Bloomberg • Mother Jones At the dawn of World War I, a young academic named John Maynard Keynes hastily folded his long legs into the sidecar of his brother-in-law’s motorcycle for an odd, frantic journey that would change the course of history. Swept away from his placid home at Cambridge University by the currents of the conflict, Keynes found himself thrust into the halls of European treasuries to arrange emergency loans and packed off to America to negotiate the terms of economic combat. The terror and anxiety unleashed by the war would transform him from a comfortable obscurity into the most influential and controversial intellectual of his day—a man whose ideas still retain the power to shock in our own time. Keynes was not only an economist but the preeminent anti-authoritarian thinker of the twentieth century, one who devoted his life to the belief that art and ideas could conquer war and deprivation. As a moral philosopher, political theorist, and statesman, Keynes led an extraordinary life that took him from intimate turn-of-the-century parties in London’s riotous Bloomsbury art scene to the fevered negotiations in Paris that shaped the Treaty of Versailles, from stock market crashes on two continents to diplomatic breakthroughs in the mountains of New Hampshire to wartime ballet openings at London’s extravagant Covent Garden. Along the way, Keynes reinvented Enlightenment liberalism to meet the harrowing crises of the twentieth century. In the United States, his ideas became the foundation of a burgeoning economics profession, but they also became a flash point in the broader political struggle of the Cold War, as Keynesian acolytes faced off against conservatives in an intellectual battle for the future of the country—and the world. Though many Keynesian ideas survived the struggle, much of the project to which he devoted his life was lost. In this riveting biography, veteran journalist Zachary D. Carter unearths the lost legacy of one of history’s most fascinating minds. The Price of Peace revives a forgotten set of ideas about democracy, money, and the good life with transformative implications for today’s debates over inequality and the power politics that shape the global order. LONGLISTED FOR THE CUNDILL HISTORY PRIZE
Book Synopsis A Fire in Their Hearts by : Tony Michels
Download or read book A Fire in Their Hearts written by Tony Michels and published by Harvard University Press. This book was released on 2009-04-15 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a compelling history of the Jewish community in New York during four decades of mass immigration, Tony Michels examines the defining role of the Yiddish socialist movement in the American Jewish experience. The movement, founded in the 1880s, was dominated by Russian-speaking intellectuals, including Abraham Cahan, Mikhail Zametkin, and Chaim Zhitlovsky. Socialist leaders quickly found Yiddish essential to convey their message to the Jewish immigrant community, and they developed a remarkable public culture through lectures and social events, workers' education societies, Yiddish schools, and a press that found its strongest voice in the mass-circulation newspaper Forverts. Arguing against the view that socialism and Yiddish culture arrived as Old World holdovers, Michels demonstrates that they arose in New York in response to local conditions and thrived not despite Americanization, but because of it. And the influence of the movement swirled far beyond the Lower East Side, to a transnational culture in which individuals, ideas, and institutions crossed the Atlantic. New York Jews, in the beginning, exported Yiddish socialism to Russia, not the other way around. The Yiddish socialist movement shaped Jewish communities across the United States well into the twentieth century and left an important political legacy that extends to the rise of neoconservatism. A story of hopeful successes and bitter disappointments, A Fire in Their Hearts brings to vivid life this formative period for American Jews and the American left.
Book Synopsis Left-Wing Melancholia by : Enzo Traverso
Download or read book Left-Wing Melancholia written by Enzo Traverso and published by Columbia University Press. This book was released on 2017-01-10 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fall of the Berlin Wall marked the end of the Cold War but also the rise of a melancholic vision of history as a series of losses. For the political left, the cause lost was communism, and this trauma determined how leftists wrote the next chapter in their political struggle and how they have thought about their past since. Throughout the twentieth century, argues Left-Wing Melancholia, from classical Marxism to psychoanalysis to the advent of critical theory, a culture of defeat and its emotional overlay of melancholy have characterized the leftist understanding of the political in history and in theoretical critique. Drawing on a vast and diverse archive in theory, testimony, and image and on such thinkers as Karl Marx, Walter Benjamin, Theodor W. Adorno, and others, the intellectual historian Enzo Traverso explores the varying nature of left melancholy as it has manifested in a feeling of guilt for not sufficiently challenging authority, in a fear of surrendering in disarray and resignation, in mourning the human costs of the past, and in a sense of failure for not realizing utopian aspirations. Yet hidden within this melancholic tradition are the resources for a renewed challenge to prevailing regimes of historicity, a passion that has the power to reignite the dialectic of revolutionary thought.
Book Synopsis The Cult of Smart by : Fredrik deBoer
Download or read book The Cult of Smart written by Fredrik deBoer and published by All Points Books. This book was released on 2020-08-04 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Named one of Vulture’s Top 10 Best Books of 2020! Leftist firebrand Fredrik deBoer exposes the lie at the heart of our educational system and demands top-to-bottom reform. Everyone agrees that education is the key to creating a more just and equal world, and that our schools are broken and failing. Proposed reforms variously target incompetent teachers, corrupt union practices, or outdated curricula, but no one acknowledges a scientifically-proven fact that we all understand intuitively: Academic potential varies between individuals, and cannot be dramatically improved. In The Cult of Smart, educator and outspoken leftist Fredrik deBoer exposes this omission as the central flaw of our entire society, which has created and perpetuated an unjust class structure based on intellectual ability. Since cognitive talent varies from person to person, our education system can never create equal opportunity for all. Instead, it teaches our children that hierarchy and competition are natural, and that human value should be based on intelligence. These ideas are counter to everything that the left believes, but until they acknowledge the existence of individual cognitive differences, progressives remain complicit in keeping the status quo in place. This passionate, voice-driven manifesto demands that we embrace a new goal for education: equality of outcomes. We must create a world that has a place for everyone, not just the academically talented. But we’ll never achieve this dream until the Cult of Smart is destroyed.
Book Synopsis A Future for Socialism by : John E. Roemer
Download or read book A Future for Socialism written by John E. Roemer and published by Harvard University Press. This book was released on 1994 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this text, Roemer proposes a new future of socialism based on a redefinition of market socialism. The Achille's heel of socialism has always been maintaining innovation and efficiency in an economy in which income is equally distributed. Roemer points out that large capitalist firms have already solved a similar problem: in those firms, profits are distributed to numerous shareholders, yet they continue to innovate and compete. The author argues for a modified version of socialism, not necessarily based on public ownership, but founded on equality of opportunity and political influence.
