Paul M. Sweezy '31, former assistant professor in Economics, told members of the John Reed Society last night that only the "Colonel Blimps of the world now believe the old arguments against socialism."
Sweezy pointed out that the main points now offered in defense of capitalism are out-dated and have lost all persuasiveness."
Admitting that incentive systems are necessary in a successful economy, he stressed the fact that socialism uses such systems, but "with far more success" than capitalism.
"The worker in a socialistic system can see," he explained, "that his increased efforts serve to benefit the immediate community and not merely to increase the profits of management."
Sweezy Returns to Speak Again At University of New HampshireDURHAM, N.H., May 22-Paul M. Sweezy '31, convicted of contempt for refusing to tell the state subversive activities committee about
Sweezy Asks Court For New Hearing of Contempt ConvictionPaul M. Sweezy '31, former instructor in Economics here, had petitioned the New Hampshire Supreme Court for a rehearing of
Socialism and Capitalism ComparedJames MacKaye '95 gave the fourth of his series of five lectures on "Political Engineering" in Emerson Hall yesterday afternoon,
Schumpeter Sees Peaceful Socialist Spread as Sweezy Remains SkepticalExpropriation of the expropriators according to the Marxian formula for the last lays of capitalism has already come about declared
Harris, Sweezy Declare Europe Needs SocialistsBackers of the Marshall Plan "as an economic bloc to force capitalism on Western European countries" were blasted by Paul