Publisher's Synopsis
Excerpt from The Economics of Socialism: Being a Series of Seven Lectures on Political Economy
Lately, however, we have had a most extraordinary example of the danger of endeavouring to force pseudo Marxism upon a huge aggregation of peoples by a ruthless despotism imposed from above. Bolshevism is a com bination of personal ambition and fanatical materialism, applied under conditions which rendered any realisation of scientific Socialism absolutely impossible. Failure was certain. When the leaders of this futile attempt tried to anticipate the evolution of economic and social forms by generations, through a kind of Collectivist Czar ism, they have been compelled to return to the much lower stage of industrialism to which Russia had attained, and to bow the knee, by capitalist concessions to for eigners and capitalist reorganisation at home, before that very capitalist system which they desired to reorganise into Socialism, before its development had fully begun.
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