Defending the Common Good in a Socialist State

Shumpete was right to identify the inbuilt weaknesses of capitalism and the strength of socialism. He did not, however, spend enough time thinking about what institutions might be counted upon to defend capitalism against socialism. The modern American university is outthe last place one would choose to visit if one wished to learn the truth about the history of socialism. Listen you heard capitalization, socialism and democracy revisited nile ferguson, published on e i and in the book, past and present, to learn from history.