From Here to There

Socialism: The Statist Survival

Now that Western socialists have lost their old, compelling faith in the nationalization of industry, it might be thought that the way for a capitalist revival is clear at last. What, indeed, is left of socialism if socialists themselves no longer believe in State ownership of the means of production? And doesn’t the loss of faith in the central tenet of Marxism mean that the nations of Western Europe are in a pretty good position to go “from here to there” by selling the stock of banks, insurance companies, mines and such concerns as the Renault and Volkswagen automobile companies back to private enterprise?

JC

About the Author

John Chamberlain

John Chamberlain (1903–1995) was an American writer.

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Socialism: The Statist Survival

Now that Western socialists have lost their old, compelling faith in the nationalization of industry, it might be thought that the way for a capitalist revival is clear at last. What, indeed, is left of socialism if socialists themselves no longer believe in State ownership of the means of production? And doesn’t the loss of faith in the central tenet of Marxism mean that the nations of Western Europe are in a pretty good position to go “from here to there” by selling the stock of banks, insurance companies, mines and such concerns as the Renault and Volkswagen automobile companies back to private enterprise?