Why Socialism?

The education of the individual, in addition to promoting his own innate abilities, would attempt to develop in him a sense of responsibility for his fellow men in place of the glorification of power and success in our present society.

[2]In his final words, Einstein cautioned that "a planned economy is not yet socialism", since it may also be accompanied by an "all-powerful" bureaucracy that leads to the "complete enslavement of the individual".

[3] Regarding his motivation for publishing the article, Einstein believed Monthly Review would be a good forum for socialist ideas: Clarity about the aims and problems of socialism is of greatest significance in our age of transition.

Since, under present circumstances, free and unhindered discussion of these problems has come under a powerful taboo, I consider the foundation of this magazine [Monthly Review] to be an important public service.

This is true since the members of legislative bodies are selected by political parties, largely financed or otherwise influenced by private capitalists who, for all practical purposes, separate the electorate from the legislature.

Albert Einstein advocated for a socialist planned economy with his 1949 article "Why Socialism?"