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Why Socialism
"Why Socialism?" is an article written by Albert Einstein in May 1949 that appeared in the first issue of the socialist journal ''Monthly Review''. It addresses problems with capitalism, predatory economic competition, and growing wealth inequality. It highlights control of mass media by private capitalists making it difficult for citizens to arrive at objective conclusions, and political parties being influenced by wealthy financial backers resulting in an "oligarchy of private capital". Einstein concludes that these problems can only be corrected with a planned economy which maintains a strong democracy to protect the rights of individuals. Contents According to Einstein, the profit motive of a capitalist society, in conjunction with competition among capitalists, leads to unnecessary cycles of booms and depressions, and ultimately encourages selfishness instead of cooperation. In addition, the educational system of such a society would be severely undermined because people wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Albert Einstein In 1949 (3x4 Cropped)
Albert may refer to: Companies * Albert Computers, Inc., a computer manufacturer in the 1980s * Albert Czech Republic, a supermarket chain in the Czech Republic * Albert Heijn, a supermarket chain in the Netherlands * Albert Market, a street market in The Gambia * Albert Music, an Australian music company now known as Alberts ** Albert Productions, a record label * Albert (organisation), an environmental organisation concerning film and television productions Entertainment * ''Albert'' (1985 film), a Czechoslovak film directed by František Vláčil * ''Albert'' (2015 film), a film by Karsten Kiilerich * ''Albert'' (2016 film), an American TV movie * ''Albert'' (album), by Ed Hall, 1988 * "Albert" (short story), by Leo Tolstoy * Albert (comics), a character in Marvel Comics * Albert (''Discworld''), a character in Terry Pratchett's ''Discworld'' series * Albert, a character in Dario Argento's 1977 film ''Suspiria'' People * Albert (given name) * Albert (surname) * Princ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planned Economy
A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed. Socialist states based on the Soviet model have used central planning, although a minority such as the former Socialist Federal Republic of Yugoslavia have adopted some degree of market socialism. Market abolitionist socialism replaces factor markets with direct calculation as the means to coordinate the activities of the various socially owned economic enterprises that make up the economy. More recent approaches to socialist planning and allocation have come from some economists and computer scientists proposing planning mechanisms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Works About Socialism
Works may refer to: People * Caddy Works (1896–1982), American college sports coach * John D. Works (1847–1928), California senator and judge * Samuel Works (c. 1781–1868), New York politician Albums * ''Works'' (Pink Floyd album), a Pink Floyd album from 1983 * ''Works'', a Gary Burton album from 1972 * ''Works'', a Status Quo album from 1983 * ''Works'', a John Abercrombie album from 1991 * ''Works'', a Pat Metheny album from 1994 * ''Works'', an Alan Parson Project album from 2002 * ''Works Volume 1'', a 1977 Emerson, Lake & Palmer album * ''Works Volume 2'', a 1977 Emerson, Lake & Palmer album * '' The Works'', a 1984 Queen album Other uses *Good works, a topic in Christian theology * Microsoft Works, a collection of office productivity programs created by Microsoft * IBM Works, an office suite for the IBM OS/2 operating system * Mount Works, Victoria Land, Antarctica See also * The Works (other) * Work (other) Work may refer to: * Work ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Works By Albert Einstein
Albert Einstein (1879–1955) was a renowned theoretical physics, theoretical physicist of the 20th century, best known for his Special relativity, special and General relativity, general theories of relativity. He also made important contributions to statistical mechanics, especially by his treatment of Brownian motion, his Einstein model, resolution of the Equipartition theorem#History, paradox of specific heat capacity, specific heats, and Einstein relation (kinetic theory), his connection of fluctuation dissipation theorem, fluctuations and dissipation. Despite his reservations about its interpretation, Einstein also made seminal contributions to quantum mechanics and, indirectly, quantum field theory, primarily through his theoretical studies of the photon. Einstein's writings, including his scientific publications, have been digitized and released on the Internet with English translations by a consortium of the Hebrew University of Jerusalem, Princeton University Press, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1949 Documents
Events January * January 1 – A United Nations-sponsored ceasefire brings an end to the Indo-Pakistani War of 1947. The war results in a stalemate and the division of Kashmir, which still continues as of 2025 * January 2 – Luis Muñoz Marín becomes the first democratically elected Governor of Puerto Rico. * January 11 – The first "networked" television broadcasts take place, as KDKA-TV in Pittsburgh, Pennsylvania, goes on the air, connecting east coast and mid-west programming in the United States. * January 16 – Şemsettin Günaltay forms the new government of Turkey. It is the 18th government, last One-party state, single party government of the Republican People's Party. * January 17 – The first Volkswagen Beetle, VW Type 1 to arrive in the United States, a 1948 model, is brought to New York City, New York by Dutch businessman Ben Pon Sr., Ben Pon. Unable to interest dealers or importers in the Volkswagen, Pon sells the sample car to pay his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korets–Landau Leaflet
The Korets–Landau leaflet, authored by the Soviet physicists and Lev Landau in 1938, condemned the Soviet leader Joseph Stalin and the NKVD in response to the Great Purge in the Soviet Union. Stalin was accused of betrayal of the October Revolution, and the sociopolitical work of his regime, especially the secret police NKVD, was compared with that under German Nazi leader Adolf Hitler and the Italian Fascism leader Benito Mussolini, who at this time were in active political struggle against Communism in their countries; both were ideological and political enemies of the Soviet Union. In opposing Stalinism, the leaflet had made use of purely socialist ideas. In particular, it had used for its title the communist ideological slogan "Workers of the world, unite" borrowed from ''The Communist Manifesto''. Creation of the leaflet was greatly motivated by the UPTI affair, which resulted in imprisonments and executions of a number of leading Soviet scientists. Its propagation w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Political Views Of Albert Einstein
German-born scientist Albert Einstein was best known during his lifetime for his development of the theory of relativity, his contributions to quantum mechanics, and many other notable achievements in modern physics. However, Einstein's political views also garnered much public interest due to his fame and involvement in political, humanitarian, and academic projects around the world. Einstein was a peace activist and a firm advocate of global federalism and world law. He also wrote: “the population of Europe has grown from 113 million to almost 400 million during the last century… a terrible thought, which could almost make one reconciled to war!”. He favoured the principles of socialism, asserting that it was an ideological system that fixed what he perceived as the inherent societal shortcomings of capitalism. This became especially apparent in his later life, when he detailed his economic views in a 1949 article titled "Why Socialism?" for the independent socialist m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Socialist Economics
Socialist economics comprises the economic theories, practices and norms of hypothetical and existing socialist economic systems. A socialist economic system is characterized by social ownership and operation of the means of production that may take the form of autonomous cooperatives or direct public ownership wherein production is carried out directly for use rather than for profit. Socialist systems that utilize markets for allocating capital goods and factors of production among economic units are designated market socialism. When planning is utilized, the economic system is designated as a socialist planned economy. Non-market forms of socialism usually include a system of accounting based on calculation-in-kind to value resources and goods. Socialist economics has been associated with different schools of economic thought. Marxian economics provided a foundation for socialism based on analysis of capitalism while neoclassical economics and evolutionary economi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Criticism Of Capitalism
Criticism of capitalism typically ranges from expressing disagreement with particular aspects or outcomes of capitalism to rejecting the principles of the capitalist system in its entirety. Criticism comes from various political and philosophical approaches, including anarchist, socialist, marxist, religious, nationalist, and Fascism, fascist viewpoints. Some believe that capitalism can only be overcome through revolution while others believe that structural change can come slowly through Reformism, political reforms. Some critics believe there are merits in capitalism and wish to balance it with some form of social control, typically through government regulation (e.g. the social market movement). Prominent among critiques of capitalism are accusations that capitalism is inherently Exploitation of labour, exploitative, Marx's theory of alienation, alienating, unstable, unsustainable, and creates massive economic inequality, Commodity fetishism, commodifies people, and is Plutoc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Albert Einstein
Albert Einstein (14 March 187918 April 1955) was a German-born theoretical physicist who is best known for developing the theory of relativity. Einstein also made important contributions to quantum mechanics. His mass–energy equivalence formula , which arises from special relativity, has been called "the world's most famous equation". He received the 1921 Nobel Prize in Physics for . Born in the German Empire, Einstein moved to Switzerland in 1895, forsaking his German citizenship (as a subject of the Kingdom of Württemberg) the following year. In 1897, at the age of seventeen, he enrolled in the mathematics and physics teaching diploma program at the Swiss ETH Zurich, federal polytechnic school in Zurich, graduating in 1900. He acquired Swiss citizenship a year later, which he kept for the rest of his life, and afterwards secured a permanent position at the Swiss Patent Office in Bern. In 1905, he submitted a successful PhD dissertation to the University of Zurich. In 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition (economics)
In economics, competition is a scenario where different Economic agent, economic firmsThis article follows the general economic convention of referring to all actors as firms; examples in include individuals and brands or divisions within the same (legal) firm. are in contention to obtain goods that are limited by varying the elements of the Marketing mix for product software, marketing mix: price, product, promotion and place. In classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. The greater the selection of a good is in the market, the lower prices for the products typically are, compared to what the price would be if there was no competition (monopoly) or little competition (oligopoly). The level of competition that exists within the market is dependent on a variety of factors both on the firm/ seller side; the number of firms, barriers to entry, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies tend to experience a business cycle of economic growth followed by recessions. Economists, historians, political economists, and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include '' laissez-faire'' or free-market capitalism, state capitalism, and welfare capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social poli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
