ABSTRACT
CAN socialism work? Of course it can. No doubt is possible about that once we assume, first, that the requisite stage of industrial development has been reached and, second, that transitional problems can be successfully resolved. One may, of course, feel very uneasy about these assumptions themselves or about the questions whether the socialist form of society can be expected to be democratic and, democratic or not, how well it is likely to function. All that will be discussed later on. But if we accept these assumptions and discard these doubts the answer to the remaining question is clearly Yes.
