Abstract

Michael Howard begins with quick sketches of the travesties that show the crisis of global capitalism and then introduces the book’s comprehensive study showing the fertile seeds of socialism. The only suggestion of a perceived crisis of socialism is in the title and in a few sentences in the introduction about crises of identity on the left and about crises of “principles, institutions, and practices”, of socialism, the themes of the three parts of this wide-ranging book. The extensive discussion of socialist ideas and experiments suggests that the only crisis is that capitalism is global, the challenge in the background.