Saturday 5 July 2008

The spectre of socialism for the 21st century


by Michael A. Lebowitz

A spectre is haunting capitalism. It is the spectre of socialism for the 21st century. Increasingly, the characteristics of this spectre are becoming clear, and we are able to see enough to understand what it is not. The only thing that is not clear at this point is whether the spectre is real – i.e., whether it is actually an earthly presence.

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