Why I Believe in Socialism

  • Henry Pratt Fairchild
Keywords: Socialism, Marxism


My father was a professor all his life in a small middle-western college which he practically helped found. A good deal of the time he was also treasurer-and a very good treasurer, by the way. He never lost a dollar of the college's money, interest or principal. With 8 limited faculty, he taught sooner or later almost everything in the curriculum, literally all the way from civil engineering to Hebrew. In his later years he devoted himself to economics, or "political economy," as it was called in those days.