What to Do About the Rebirth of Socialism
"The most important political event of the twentieth century," wrote Irving Kristol in 1976, "is not the crisis of capitalism but the death of socialism." Plenty of self-described Marxist and socialist regimes existed throughout the world, Kristol recognized. It was rather the ideas behind such regimes that had reached a moral and intellectual endpoint. Nor was this passing away entirely to be cheered. "For with the passing of the socialist ideal," Kristol went on, "there is removed from the political horizon the one alternative to capitalism that was rooted in the Judeo-Christian tradition and in the Western civilization which emerged from that tradition."
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