Why the U.S. Doesn't Have Socialism (Mini-Classic)

Author: (German) Werner Sombart, translated by Wang Minglu
Publisher:
Publish Date: 2005-05-01
Features: In this book, Sombart explores the factors that allowed capitalism rather than socialism to develop in a pure and complete form in the United States. This includes the geographical and resource context of the United States, the characteristics of its population, the American people's greed for money, and their way of life, as well as their unique national character. The author supports his arguments with simple yet detailed explanations and precise numerical evidence. Although this is not a comprehensive study of American economics and social life, the author still uses the data at his disposal to compare European countries, such as Germany, with the United States, addressing the question of why the United States did not adopt socialism.

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