Socialism and Communism
Socialism is a financial framework where there is government possession of merchandise and their creation, with a stimulus to share work and abundance similarly among the individuals from a general public.
The spotlight in Socialism is on profiting society, though free enterprise looks to profit the person.
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- Einstein, Albert 
In: Monthly Review, May, 1949.
Einstein argues that in capitalism private capital tends to become concentrated in few hands. The result is an oligarchy of private capital the enormous power of which cannot be effectively checked even by a democratically organized political society. The representatives of the people do not sufficiently protect the interests of the underprivileged sections of the population. Moreover, under existing conditions, private capitalists inevitably control, directly or indirectly, the main sources of information (press, radio, education).
Einstein defines the main principles of the private ownership of capital: first, means of production (capital) are privately owned and the owners dispose of them as they see fit; second, the labor contract is free. Production is carried on for profit, not for use. There is no provision that all those able and willing to work will always be in a position to find employment; an “army of unemployed” almost always exists. The worker is constantly in fear of losing his job. Since unemployed and poorly paid workers do not provide a profitable market, the production of consumers’ goods is restricted, and great hardship is the consequence. Technological progress frequently results in more unemployment rather than in an easing of the burden of work for all. The profit motive, in conjunction with competition among capitalists, is responsible for an instability in the accumulation and utilization of capital which leads to increasingly severe depressions. Unlimited competition leads to a huge waste of labor, and to that crippling of the social consciousness of individuals.
Einstein considers this crippling of individuals as the worst evil of capitalism. “I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals. In such an economy, the means of production are owned by society itself and are utilized in a planned fashion. A planned economy, which adjusts production to the needs of the community, would distribute the work to be done among all those able to work and would guarantee a livelihood to every man, woman, and child.”
See also: Wikipedia: Why_Socialism?
- Internationalist Communist Group (ICG)
- People's Libertarian Index
A libertarian link collection.
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- Socialism: Theory and Practice
A summary of basic types of socialism, including anarchism, fabianism, utopian socialism, trotskyism, and communism. Editors: Jack Sharkey, Josh Datz, and Andrew Russeth.
- Socialist Alliance
Australia's largest socialist youth organisation. "Socialists are people who care very deeply about the injustice, human misery and environmental destruction in the world. But we don't have a monopoly on compassion. What distinguishes socialists is that we don't think that it has to be this way. And we think we can change it."
- Working Class Movement Library + Facebook page
- World Socialist Movement
A collaborative work of socialists around the world. An introduction on what socialism means, articles, quotes and links to socialism related websites.
- World Socialist Web Site (WSWS)
Published by the International Committee of the Fourth International (ICFI). The site includes news & analysis, information on workers struggles, arts reviews, history, polemics and correspondence, an archive and books online. English, German, French, Spanish, Indonesian and Russian languages.
- African Communist
Journal of the South African Communist Party (SACP).
- Canadian Dimension
A left wing Canadian journal which analyses world events from a socialist perspective and campaigns for social reforms.
- En defensa del Marxismo
Partido Obrero, Agentina.
A Journal of Analytical Socialism. It aims to promote a critical discussion of socialist ideas, committed to the viability of an egalitarian and democratic politics. Although committed to the view that the world remains "a rationally intelligible place" you'll have to subscribe to get any content.
- International Socialist Review [full text]
An anti-profit, anti-capitalist journal in which radical politics, cultural dissent, political economy, and socialist critique are developed, debated, and creatively contested. ISR works to promote and critically engage the activist left in its diverse manifestations. It is published by the Center for Economics Research and Social Change.
- La Vérité / The Truth
Theoretical journal of the Fourth International offers political analysis from a Trotskyist and Revolutionary perspective.
- Latin American Perspectives [Summaries]
A theoretical and scholarly journal for discussion and debate on the political economy of capitalism, imperialism and socialism in the Americas.
- Socialist Outlook
A monthly journal that examines current world affairs from a revolutionary Marxist perspective. Full-text articles.
- Socialist Register, The
An annual publication of major original essays by prominent contributors with a readership made up of a broad range of intellectuals and activists around the world. It was founded by Ralph Miliband and John Saville in London in 1964 as a survey of movements and ideas on the left. It has become one of the world's leading socialist publications. It is edited in Toronto by Leo Panitch and Colin Leys, with the help of editorial collectives in Manchester and Toronto and corresponding editors in Athens, Berlin, Boston, Hong Kong, Johannesburg and San Francisco. The site includes a discussion group.
One of the best German socialist journals. Some of the articles are full text and free.
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