Waterfall is a guided series of courses for everyone interested in issues upon which Objectivism has something distinctive and important to say.
The second course: Socialism. Examine the aspirations, arguments, strategies, and disasters of socialist theory and practice—as well as explore the strongest criticisms of socialism. Authors include Ayn Rand, Karl Marx, Vladimir Lenin, Robert Heilbroner, Alan Charles Kors, George Orwell, Michael Harrington, Ludwig von Mises, Stephen Hicks, Jennifer Grossmann, Steven Horwitz, and C.S. Lewis.
This week we feature Ayn Rand’s classic article on the major shift in socialist intellectual strategy: “The Left: Old and New.” Read our Executive Summary here.
“The old-line Marxists used to claim that a single modern factory could produce enough shoes to provide for the whole population of the world and that nothing but capitalism prevented it. When they discovered the facts of reality involved, they declared that going barefoot is superior to wearing shoes.”