Understanding Socialism is a plainspoken text that disarms false narratives , confronts past failures, and offers a path to a fresh and modern understanding of socialism.
Socialism, as leading economist Richard D. Wolff argues, is a yearning for justice, community, and the greater realization of human potential.
Wolff analyzes the successes and defeats of past socialist experiments to draw out important lessons for the building of a democratic and worker-controlled 21st-century socialism.
After a brief INTRODUCTION of 8 pages in a touchy manner, the author presents the following six chapters :-
1. A Brief History: How Socialism Got to Its Here and Now
2. What Is Socialism?
3. Capitalism and Socialism: Struggles and Transitions
4. Russia and China: Major Experiments in Constructing Socialism
5. Two Anti-socialist Purges: Fascism and Anti-communism
6. Socialism’s Future and Worker Co-ops
The book ends with a brilliant CONCLUSION .
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