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Socialism

The Origins of Venezuela’s Economic Crisis

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The Origins of Venezuela’s Economic Crisis

Venezuela has become a popular argument against socialism amongst conservatives because of the deep economic crisis it is currently traversing. Defenders of the Bolivarian project, though, say that US sanctions and economic war are to blame for the crisis. Greg Wilpert presents an analysis that tries to take all the factors into account

Socialism for Realists

By: 
Sam Gindin

Intuitively, it is a stretch to assert that a social system with a wide range of goals of which the development of the productive forces is only one, will surpass a society consumed by the singularity of that goal. The incentive-egalitarian balance highlights that trade-off. And if we accept that the path to socialism will involve sacrifices and choices all along the way, including in its construction, then winning people to the socialist cause and keeping them there will have to be based on their desire for something different rather than the questionable promise of socialism bringing not only more justice, more democracy, more workplace control, but also more growth.

Richard Wolff: There Are No Blueprints for Revolution

By: 
Vaios Triantafyllou

In this interview, Wolff discusses how the revolutions that overthrew feudalism laid the foundations for our current crisis of capitalism, why historical models of socialism put into practice failed, and what lessons we can learn from them in creating a new socialism.

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