Albert Einstein on The Need For A Socialist Economy

Originally published in the first issue of Monthly Review in May 1949

I am a socialist in my base orientation, in my philosophy for life and work. I have always been this way even before I knew what Socialism was. I am socialist in the sense that I am for people first, organisations and their bureaucracy second. Today, Socialism is a dirty word having taken on a new meaning through mutation and propaganda. Socialism someh…