Whenever socialism has been tried, it has led to failure, and often, great human misery. Nonetheless, many young people prefer socialism to capitalism. There are dozens of books and articles explaining the failures of socialism, but these do not seem to have an impact on students. One reason for this may be that the books are written in abstract terms, and do not relate to the lives of the readers. This book takes a different approach. It asks the question, “What will my life be like if I live under socialism?” Professor Paul Rubin—a leading expert on socialism and capitalism—shows that under socialism: • People will be poorer • There will be less freedom • Goods will be of lower quality but more expensive • There will be less innovation • The environment will be in worse shape He also shows that the U.S. is the most productive and richest country that has ever existed, and that the current level of wealth in the U.S. is due to capitalism. Lastly, he demonstrates that many critiques of capitalism (such as, it leads to excessive inequality) are mistaken or ill-founded. Professor Rubin points out an important paradox. The young people who are the sharpest critics of capitalism are themselves highly dependent in their daily lives on the products of capitalism. These include computers themselves, mobile phones, Amazon, Facebook, Instagram, Uber, Skype, Spotify, computer games, and almost any other modern product. Additionally, the creators of these products are among the “millionaires and billionaires” despised by socialists.

Published in cooperation with the David Horowitz Freedom Center What will the next forty years of your life be like if the U.S. adopts socialism? Whenever socialism has been tried, it has led to failure, and often, great human misery. Nonetheless, many young people prefer socialism to capitalism. There are dozens of books and articles explaining the failures of socialism, but these do not seem to have an impact on students. One reason for this may be that the books are written in abstract terms, and do not relate to the lives of the readers. This book takes a different approach. It asks the question, “What will my life be like if I live under socialism?” Professor Paul Rubin—a leading expert on socialism and capitalism—shows that under socialism: • People will be poorer • There will be less freedom • Goods will be of lower quality but more expensive • There will be less innovation • The environment will be in worse shape He also shows that the U.S. is the most productive and richest country that has ever existed, and that the current level of wealth in the U.S. is due to capitalism. Lastly, he demonstrates that many critiques of capitalism (such as, it leads to excessive inequality) are mistaken or ill-founded. Professor Rubin points out an important paradox. The young people who are the sharpest critics of capitalism are themselves highly dependent in their daily lives on the products of capitalism. These include computers themselves, mobile phones, Amazon, Facebook, Instagram, Uber, Skype, Spotify, computer games, and almost any other modern product. Additionally, the creators of these products are among the “millionaires and billionaires” despised by socialists.

Argues that the same impulse for control that governed the Soviet Union is present in the American health care and educational systems and that socialism can never work because of human nature.

“Katch has done the impossible: he makes socialism sexy . . . eye-opening, inspiring, and funny . . . this book might turn you into a closet socialist” (Judah Friedlander, actor and comedian). Opinion polls show that many people in the United States prefer socialism to capitalism. But after being declared dead and buried for decades, socialism has come to mean little more than something vaguely less cruel and stupid than what we have now. That’s not exactly going to inspire millions to storm the barricades. Danny Katch brings together the two great Marxist traditions of Karl and Groucho to provide an entertaining and insightful introduction to what the socialist tradition has to say about democracy, economics, and the potential of human beings to be something more than being bomb-dropping, planet-destroying racist fools. “The most hilarious book about socialism since Karl Marx and his brother Harpo wrote their joke book.” —Hari Kondabolu, filmmaker and comedian “If The Communist Manifesto and America’s Funniest Home Videos had a baby, it would be Danny Katch’s new book. It’s a hilarious and fun way to think about what’s wrong with our world, how it could be different, and how we might get there. Keep an extra copy of Socialism . . . Seriously in your bag and hand it to the next person who asks you what socialism is all about; as long as that person is not your boss . . . seriously.” —Brian Jones, actor, educator, and activist “A lighthearted, easy read that packs an intro course on socialism into a short volume. With jokes that made me laugh out loud, and a lot of heart. Socialism is for lovers. Indeed.” —Sarah Jaffe, Belabored podcast host

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.

"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.