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sop

(18,443 posts)
30. Albert Einstein wrote an essay titled "Why Socialism?" for the First issue of Monthly Review magazine in 1949.
Sat Mar 14, 2026, 01:19 PM
Saturday

The following paragraph from his essay touched on the evils of corporate media consolidation, a problem even at that time. Enstein's observations are even more true now than they were during FDR's day.

"Private capital tends to become concentrated in few hands, partly because of competition among the capitalists, and partly because technological development and the increasing division of labor encourage the formation of larger units of production at the expense of smaller ones. The result of these developments is an oligarchy of private capital the enormous power of which cannot be effectively checked even by a democratically organized political society. This is true since the members of legislative bodies are selected by political parties, largely financed or otherwise influenced by private capitalists who, for all practical purposes, separate the electorate from the legislature. The consequence is that the representatives of the people do not in fact 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). It is thus extremely difficult, and indeed in most cases quite impossible, for the individual citizen to come to objective conclusions and to make intelligent use of his political rights."

https://monthlyreview.org/articles/why-socialism/

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2 members have recommended this reply (displayed in chronological order):

K&R orangecrush Friday #1
I wonder whether the families of the heroic General Smedley Butler are still around Wicked Blue Friday #2
Wish I'd written that. Kid Berwyn Friday #3
Wow, I wasn't even alive back then... blue_jay Friday #17
When you say that you were alive "back then" wnylib Friday #20
2011 blue_jay Saturday #36
If it was 1938, you would be 88 today. wnylib Saturday #37
Yes, that would be amazing... blue_jay Saturday #39
BFEE "Just Us" Kid Berwyn Saturday #34
K&R 2naSalit Friday #4
Rachel Maddow told us Easterncedar Friday #5
She did... 2naSalit Friday #6
I heard of the coup attempt from my grandpappy when I was a preteen. Yea, he was a socialist. LiberalArkie Friday #8
Are you talking about Prequel: An American Fight Against Fascism? ShazzieB Friday #15
Thanks! I knew I should have checked! Easterncedar Friday #16
And her podcast Glaisne Saturday #25
Thanks for the book info. Never heard of the book. Ordered it just now. KPN Saturday #26
Sort of like the High Table from the John Wick series. patphil Friday #7
Take a look dweller Friday #9
I remember watching this series on youtube several years ago. ShazamIam Saturday #35
Not exactly shocking but still crazy and fucked up LymphocyteLover Friday #10
yeah, decades of erosion to norms etc and then a flood of right wing craziness in control. Jbraybarten Saturday #27
K&R c-rational Friday #11
Greed is the most destructive addiction there is. Dave Bowman Friday #12
Post removed Post removed Friday #13
Your BuyMeACoffee page says you use AI. Do you use it for your poetry? highplainsdem Friday #14
Great graphic! yellow dahlia Friday #18
K&R for, excellent history UTUSN Friday #19
FDR, one of the greats. Joinfortmill Friday #21
And no longer on the dime... Only one left is the Kennedy half dollar. LiberalArkie Saturday #23
Thanks for this, LiberalArkie Niagara Saturday #22
And old people were apparently dying jfz9580m Saturday #24
These guys really see old people as disposable. Nope. Any people not of the noble class and of the serf class LiberalArkie Saturday #29
A key statement Timewas Saturday #28
Albert Einstein wrote an essay titled "Why Socialism?" for the First issue of Monthly Review magazine in 1949. sop Saturday #30
Make this a separate post, please! It's Einstein's birthday. Kid Berwyn Saturday #38
So glad to see someone else pointing this out. The Wielding Truth Saturday #31
And they're doing the absolute shittiest job possible. Fuck them all! Initech Saturday #32
Kicked! This fact, this history has never gotten enough attention. Instead, we write and consequrently learn a history KPN Saturday #33
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