Albert Einstein’s opinion of Socialism

But historic tradition is, so to speak, of yesterday; nowhere have we really overcome what Thorstein Veblen called the predatory phase of human development. The observable economic facts belong to that phase and even such laws as we can derive from them are not applicable to other phases. Since the real purpose of socialism is precisely to overcome and advance beyond the predatory phase of human development, economic science in its present state can throw little light on the socialist society of the future.

Albert Einstein (May 1949)
‘The Monthly Review’

For the full article by Albert Einstein:
The Monthly Review: An Independent Socialist Magazine
‘Why Socialism?’ – Albert Einstein
May 1949

post added by 99.
Use of words from Albert Einstein, in Monthly Review, is not intended to imply they, or socialists or even anyone writing in 1949, would endorse the contents of this post or blog, and used for educational, information, historical or critique purposes under the Fair Use section of the copyright act, as it is less than 10% of the total article.

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