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.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

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.

This collection of editorials by Wilshire presents a compelling case for socialism as the inevitable future of society. With a mix of historical analysis, economic theory, and political rhetoric, Wilshire makes a passionate and persuasive argument for a new social order. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.