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Ever since we produced our course Thinking About Capitalism, customers have expressed interest in a follow-up course that could help them understand socialism in the same way. After much consideration, we determined that it actually would be more beneficial to create a course that compares and contrasts the two major global economic theories, examining them in ways that move past the polemics many of us are used to and looking at these systems as they relate to one another and the world at large.

A blend of history, analysis, and theory, Understanding Socialism is an honest and approachable text that knocks down false narratives, confronts failures and challenges of various socialist experiments throughout history, and offers a path to a new socialism based on workplace democracy.

What is socialism? Does it have a future, or has it become an outdated ideology in the 21st century? This audiobook considers the major theories in socialism and explores its historical evolution from the French Revolution to the present day. Michael Newman argues that socialism has always been a diverse doctrine, while nevertheless containing a central core of interconnected values and goals: a critique of capitalism; an optimistic view of human beings; and the belief that it is possible to establish societies based on egalitarianism, social solidarity, and cooperation.

Here is Hans Hoppe's first treatise in English - actually his first book in English - and the one that put him on the map as a social thinker and economist to watch. He argued that there are only two possible archetypes in economic affairs: socialism and capitalism. All systems are combinations of those two types. The capitalist model he defines as pure protection of private property, free association, and exchange - no exceptions. All deviations from that ideal are species of socialism, with public ownership and interference with trade.

The word capitalism is one that is heard and used frequently, but what is capitalism really all about, and what does it mean? This Very Short Introduction audiobook addresses questions such as, "what is capital?" before discussing the history and development of capitalism through several detailed case studies, ranging from the tulipomania of 17th-century Holland, the Great Depression of the 1930s, and, in this new edition, the impact of the global financial crisis that started in 2007-08.

The hot controversy over Bernie Sanders and AOC is testimony to the passion people have over the question of socialism or capitalism. In Capitalism Versus Socialism: What Does the Bible Have to Say?, Dr. Simpson demonstrates clearly that the Bible has something to say about the foundations of capitalist and socialist economic systems, even though it does not specifically prescribe either one. Get this book, and you can gain a clear and sound understanding of the differences between capitalism and socialism and how they square with the Bible.

For those who witnessed the global collapse of socialism, its resurrection in the 21st century comes as a surprise, even a shock. How can socialism work now when it has never worked before? In this pathbreaking audiobook, best-selling author Dinesh D’Souza argues that the socialism advanced today by the likes of Alexandria Ocasio-Cortez, Bernie Sanders, Ilhan Omar, and Elizabeth Warren is very different from the socialism of Lenin, Mao, and Castro.

Ernest Belfort Bax (1854-1926) was an English barrister, journalist, philosopher, rights advocate, and historian. In this essay, after dismissing St. Simonism, Fourierism, Owenism, and “Continental Nihilists”, Bax attempts to explain what modern socialism, taken broadly, really means. He outlines the three bases of modern socialism as the direction of industry by a democratic state instead of by private capitalists; as a universal Federal Republic to take the place of the present nationalist system; and in religion, a human ideal to take the place of theological cults.

After the fall of the Soviet Union and its global empire, most observers assumed that the 70-year argument that socialism was superior to capitalism was over.

Influenced by the political philosophy of Karl Marx, German immigrants in the US formed small political parties or trade unions based on socialist principles advocating for social justice and labor reforms. The movement continued to rebel against economic inequality. Included are speeches from both sides of the argument for a more socialized society in the United States. Produced by the Speech Resource Company and fully narrated by Robert Wikstrom.