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In this volume, the authors reflect on the question “what is socialism” as it pertains to today’s economy. There is particular emphasis on democratic socialism models as a potential alternative to classic authoritarian socialism. A number of topical questions are addressed such as: What is democratic socialism and is it feasible, or even viable? What can be learnt from existing democratic socialist experiences? What would an ideal democratic socialist society look like today? Under what circumstances, and where, could such a model emerge today? In exploring these questions, several themes arise within these chapters such as the role of socialist values and inspirations in capitalist societies; and how capitalism and socialism relate to the knowledge economy. The contemporary world is showing many contradictions with uncertain future scenarios that preoccupy mankind. The global capitalist system as we know it is in deep crisis—and some even predict its slow death, because of its inability to handle the environmental imperative. At the same time, classic socialism as experienced in the Soviet Union and its proxies is a stone dead alternative to capitalism today. So what options remain? The book considers this question as it examines a range of countries where socialism (in one form or another) has arisen, or where democratic socialism could be possible, including Brazil, Chile, Cuba, Sweden and the United States.
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”.
This book argues that we are undergoing a transition from industrial capitalism to a new form of capitalism - what the author calls & lsquo; cognitive capitalism & rsquo;
Liberal left orthodoxy holds that Brexit is a disastrous coup, orchestrated by the hard right and fuelled by xenophobia, which will break up the Union and turn what’s left of Britain into a neoliberal dystopia. Richard Tuck’s ongoing commentary on the Brexit crisis demolishes this narrative. He argues that by opposing Brexit and throwing its lot in with a liberal constitutional order tailor-made for the interests of global capitalists, the Left has made a major error. It has tied itself into a framework designed to frustrate its own radical policies. Brexit therefore actually represents a golden opportunity for socialists to implement the kind of economic agenda they have long since advocated. Sadly, however, many of them have lost faith in the kind of popular revolution that the majoritarian British constitution is peculiarly well-placed to deliver and have succumbed instead to defeatism and the cultural politics of virtue-signalling. Another approach is, however, still possible. Combining brilliant contemporary political insights with a profound grasp of the ironies of modern history, this book is essential for anyone who wants a clear-sighted assessment of the momentous underlying issues brought to the surface by Brexit.
A look at the twentieth century examines the factors and events that have sent millions to their deaths, discussing the philosophies that have caused so much conflict, as well as what the future may hold for the human race.
Just north of the Arctic Circle is the settlement of Vorkuta, a notorious camp in the Gulag internment system that witnessed three pivotal moments in Russian history. In the 1930s, a desperate hunger strike by socialist prisoners, victims of Joseph Stalin’s repressive regime, resulted in mass executions. In 1953, a strike by forced labourers sounded the death knell for the Stalinist forced labour system. And finally, in the late 1980s and early 1990s, a series of strikes by new, independent miners’ unions were central to overturning the Stalinist system. Paul Kellogg uses the story of Vorkuta as a frame with which to re-assess the Russian Revolution. In particular, he turns to the contributions of Iulii Martov, a contemporary of Lenin, and his analysis of the central role played in the revolution by a temporary class of peasants-in-uniform. Kellogg explores the persistence and creativity of workers’ resistance in even the darkest hours of authoritarian repression and offers new perspectives on the failure of democratic governance after the Russian Revolution.
This new book from Antonio Negri, one of the most influential political thinkers writing today, provides a concise and accessible introduction to the key ideas of his recent work. Giving the reader a sense of the wider context in which Negri has developed the ideas that have become so central to current debates, the book is made up of five lectures which address a series of topics that are dealt with in his world-famous books empire, globalization, multitude, sovereignty, democracy. Reflections on Empire will appeal to anyone interested in current debates about the ways in which the world is changing today, to the many people who are followers of Negri's work and to students and scholars in sociology, politics and cultural studies.
The rapid collapse of socialism has raised new economic policy questions and revived old theoretical issues. In this book, Joseph Stiglitz explains how the neoclassical, or Walrasian model (the formal articulation of Adam Smith's invisible hand), which has dominated economic thought over the past half century, may have wrongly encouraged the belief that market socialism could work. Stiglitz proposes an alternative model, based on the economics of information, that provides greater theoretical insight into the workings of a market economy and clearer guidance for the setting of policy in transitional economies. Stiglitz sees the critical failing in the standard neoclassical model underlying market socialism to be its assumptions concerning information, particularly its failure to consider the problems that arise from lack of perfect information and from the costs of acquiring information. He also identifies problems arising from its assumptions concerning completeness of markets, competitiveness of markets, and the absence of innovation. Stiglitz argues that not only did the existing paradigm fail to provide much guidance on the vital question of the choice of economic systems, the advice it did provide was often misleading.