Whither Socialism? Joseph E. Stiglitz
Publisher: The MIT Press
Twenty years after the fall of the Berlin Wall, a new BBC poll has found widespread dissatisfaction with free-market capitalism. Although not all of the components of the health care bill have come into effect yet, it is clear that bill will neither push the US down the road not socialism, nor make affordable and decent health care available to all Americans. In other words, we are not presenting here the process which led to the reforms but to pose a basic question 'whither 20th Century Socialism' in the 21st Century. The Socialist answers that it is progress. And all of this out of vague fears of "socialism" and the loss of liberty caused by an overreaching federal government. The candidates will effectively weigh in, as repeatedly predicted, in this order: Nicolas Sarkozy (UMP), Ségolène Royal (Socialist), François Bayrou (UDF), Jean-Marie Le Pen (Front National). And that demagogues , partly through ambition, partly through vanity, partly through ignorance, speculate on this feeling, promising impossibilities. In the global poll for the BBC. This irrationality is nothing new. Posted on March 15, 2013 at 9:30 am by Pat Cunningham. First, these lectures treat of real Socialism, that is to say, the social theory which would give to the democratic State the exclusive ownership, administration, and distribution of all wealth and of all means of wealthmaking.