Will Socialism Make a Comeback?

Khrushchev's furious claim that socialism would bury the West now looks like a joke. Yet the rumbling of antiglobalists shows that egalitarian sentiment isn't dead, just diffused

If socialism signifies a political and economic system in which the government controls a large part of the economy and redistributes wealth to produce social equality, then I think it is safe to say the likelihood of its making a comeback anytime in the next generation is close to zero. But the egalitarian political impulse to constrain the power of the wealthy in the interests of the weak and marginal remains strong and is already making a comeback. There are good reasons for thinking this impulse will not lead to new radical groups' achieving political power and implementing a coherent political...

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