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I. 
An introduction to 
socialism 
What’s wrong with capitalism. 
Why we can’t reform it. 
Why we need socialism.
What is capitalism? 
• Society’s means of 
production privately 
owned. 
• System driven by 
hunt for profit. 
• Source of wealth is 
the labour of 
working people. 
‘From the depths’ (USA, 1907)
An unjust, oppressive system 
• Exploitation. 
• Racism. 
• Xenophobia. 
• Sexism. 
• Homophobia.
Imperialism & war 
• Imperialism —most 
highly developed 
form of capitalism. 
• Seeks to dominate 
whole world. 
• Permanent war drive 
and militarism. 
Top: Haiti; Bottom: Iraq, 2003
Global warming 
• Most serious threat facing humanity. 
• Caused by capitalism’s insatiable 
thirst for profit.
A class-divided society 
• Capitalist class. 
• Working class. 
• Middle classes.
How do 1% rule society? 
• Ideology. 
• Manufacturing 
consent. 
• Force and 
repression.
What is the state? 
• Ultimate guardian 
of class rule. 
• What are the key 
institutions of the 
state? 
• Where did it come 
from? 
• What is the 
alternative?
Can capitalism be reformed? 
• Reforms vs 
reformism. 
• Welfare state. 
• Can there be a just & 
humane capitalism? 
• New system needed.
The socialist alternative 
• Economy brought under social 
ownership and control. 
• Basis for profound social change. 
‘Man at the crossroads’, Diego Rivera (1933)
Meeting people’s needs 
• Capitalism: making 
profits for rich is 
sole aim. 
• Socialism: meeting 
people’s needs is 
basic goal. 
Cuba: neighbourhood clinic.
Objections to socialism 
• It will never 
happen. 
• Human nature: 
greed is innate. 
• Will stifle 
individuality. 
• Modern economy 
too complex to 
plan.
Fight for socialism 
• Things look 
daunting but the 
struggle will 
decide. 
• What each of us 
does makes a 
difference. 
‘Emancipated woman, build up socialism’ 
(USSR, 1920s)

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ITS

  • 1. I. An introduction to socialism What’s wrong with capitalism. Why we can’t reform it. Why we need socialism.
  • 2. What is capitalism? • Society’s means of production privately owned. • System driven by hunt for profit. • Source of wealth is the labour of working people. ‘From the depths’ (USA, 1907)
  • 3. An unjust, oppressive system • Exploitation. • Racism. • Xenophobia. • Sexism. • Homophobia.
  • 4. Imperialism & war • Imperialism —most highly developed form of capitalism. • Seeks to dominate whole world. • Permanent war drive and militarism. Top: Haiti; Bottom: Iraq, 2003
  • 5. Global warming • Most serious threat facing humanity. • Caused by capitalism’s insatiable thirst for profit.
  • 6. A class-divided society • Capitalist class. • Working class. • Middle classes.
  • 7. How do 1% rule society? • Ideology. • Manufacturing consent. • Force and repression.
  • 8. What is the state? • Ultimate guardian of class rule. • What are the key institutions of the state? • Where did it come from? • What is the alternative?
  • 9. Can capitalism be reformed? • Reforms vs reformism. • Welfare state. • Can there be a just & humane capitalism? • New system needed.
  • 10. The socialist alternative • Economy brought under social ownership and control. • Basis for profound social change. ‘Man at the crossroads’, Diego Rivera (1933)
  • 11. Meeting people’s needs • Capitalism: making profits for rich is sole aim. • Socialism: meeting people’s needs is basic goal. Cuba: neighbourhood clinic.
  • 12. Objections to socialism • It will never happen. • Human nature: greed is innate. • Will stifle individuality. • Modern economy too complex to plan.
  • 13. Fight for socialism • Things look daunting but the struggle will decide. • What each of us does makes a difference. ‘Emancipated woman, build up socialism’ (USSR, 1920s)