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Chicago Economics. Economics 354. Types of Econ Organization. Douglas. 1938

This is the Chicago version of the course taught at Harvard by Cummings, Carver and then Mason.

The Spring Quarter  of 1938 began March 28. The lecture notes taken by Norman M. Kaplan are for this course that met Tuesdays and Thursdays with his notes dated Mar 29, Mar 31, Apr 5, Apr 12, Apr 19, Apr 21, Apr 26, Apr 28, May 3, May 5, May 10, May 12. Hence we can be certain that the following (undated) syllabus with bibliography was for the Spring, 1938 course taught by Paul H. Douglas.

To those with an eye on contemporary U.S. politics: examining this reading list, one wonders if a professor like this today could imagine getting elected into the U.S. Senate! Perhaps Elizabeth Warren fits the bill but the bench looks pretty shallow…

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H. SOCIAL DIRECTION AND CONTROL OF ECONOMIC ACTIVITY
[…]

  1. Types of Economic Organization.—An examination of the various forms of economic organization that have been proposed, including the utopias, individualism, Marxian socialism, collectivism, the single tax, syndicalism, guild socialism, communism, capitalism, and fascism. Prerequisite: Economics 209 [Intermediate Economic Theory: “A course designed for undergraduates majoring in Economics who have completed the other Departmental requirements for the degree and for graduate students with limited training in systematic theory. It deals with the factors controlling production, value and relative prices, and distribution.” Taught by Paul Douglas (Winter)], or its equivalent, Spring, Tu., Th., 3:30-5:30, Douglas.

SourceAnnouncements. The University of Chicago. The College and the Divisions for the Sessions of 1937-1938. p. 307.

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Topics and Assigned Reading for Economics 354
Types of Economic Organization

[Spring Quarter, 1938]

The three main divisions of the course, with the basic assigned reading to be covered under each, are as follows:

I.  The Development of Utopian Thought – (2 weeks.)

  1. Plato and the “Republic.”
  2. Thomas More’s “Utopia.”
  3. The economic doctrines and activities of Robert Owen.
  4. French Utopian Socialism: Fourier, Cabet, and Saint-Simon (omitted 1937).

Assigned reading: (1) Plato, The Republic: Sections 368-374 of Book II, Sections 412-417 of Book III, Books IV and V entire; (2) More’s Utopia, Book II; (3), Owen’s Autobiography, or one of the better lives of Owen, such as those by Podmore [vol. 1, vol. 2], Cole and McCabe. [Handwritten addition: “Aristotle, Politics, Bk. II (1st 6 paragraphs)”]

Supplementary reading: 1) Aristotle, Politics, Sections 1-7; (2) Ernest Barker, Greek Political Thought—Plato; (3) Chambers, Thomas More; (4) Campenalla, The City of the Sun; (5) Bacon, New Atlantis; (6) Robert Owen, A New View of Society, etc.; (7) Charles Gide, Morceaux Choisis de Charles Fourier; (8) Cabet, Voyage en Icarie; (9) Bellamy, Looking Backward; (10) William Morris, News from Nowhere.

 

II. The Economic and Social Doctrines of Karl Marx (4 weeks)

  1. The differences between Marxism and Utopianism.
  2. The economic or materialistic interpretation of history.
  3. The labor theory of value; the theory of surplus value; and the alleged “great contradiction.”
  4. The theory of the final cataclysm.
  5. An appraisal of Marx’ thought.

Assigned reading: (1) Marx and Engels, Communist Manifesto; (2) Engels, Socialism—Utopian and Scientific; (3) Marx, Value, Price and Profit, sections VI-XIV; Marx, Capital, Vol. I, chapters I—sections 1 and 2, and A of section 3; VI, VII, VIII, IX, X, XI, XII, XVI, XVII, XIX; Vol. III, last pages of chapter VIII and chapter IX; Book I, chapters XXV and (XXXII).

Supplementary reading: (1) Marx Capital, Vol. I, chapter XV; (2) Rühle, Karl Marx, or Mehring, Life of Marx; 3) Marx, Contribution to a Critique of Political Economy; (4) Hook, Towards and Understanding of Karl Marx; (5) Joseph, Karl Marx’ Theory of Value [sic, The Labour Theory of Value in Karl Marx, 1923]; (6) Böhm-Bawerk, Karl Marx and the Close of His System; (7) Bernstein, Evolutionary Socialism. (8) De Man, Psychology of Socialism.

 

III. The development of Proposals and Movements for Organizing Economic and Social Life. (In the main, post-Marxian). (4 weeks)

  1. The theory and practice of capitalism.
  2. Collectivism.
  3. Anarchism, syndicalism and guild socialism.
  4. Cooperation.
  5. The Single Tax.
  6. Modern Communism.
  7. Fascism.

Because of reasons of time, topics 3,4 and 5 will be scantily treated and may indeed be omitted.

Assigned reading. The material on these topics is, of course, enormous. The best treatment of collectivism is given in Fabian Essays (1888) by Webb, Shaw, Wallas, etc., and in Bernard Shaw’s The Common Sense of Municipal Trading. On anarchism: Proudhon and Kropotkin are the most suggestive writers. On cooperation, Beatrice Potter’s (Mrs. Webb) The Consumers Cooperative Movement in Great Britain; Beatrice and Sydney Webb, The Consumers Cooperative Movement; Gide, Consumers Cooperative Societies; Childs, Sweden—The Middle Way; Howe, Denmark—The Cooperative Way; are excellent.

All students of communism should read Lenin, The State and Revolution; and the two-volume work by Beatrice and Sydney Webb, Soviet Communism. See also the new constitution of Russia, reprinted by the Carnegie Foundation for International Peace.

On fascism, see Finer, Mussolini’s Italy; Mussolini, “Fascism,” in the Italian Encyclopedia; and Hitler’s Mein Kampf, to be read if possible in the original German instead of the expurgated English and American editions.

The principles of liberalism are well stated in the writings of Jefferson; John Stuart Mill, Liberty; Representative Government, etc.; Wilson, The New Freedom; Brandeis, The Curse of Bigness; Franklin Roosevelt; etc.

Supplementary reading: (1) For an able criticism of socialism and a defense of individualism, see Ludwig von Mises, Socialism; (2) Beer, History of British Socialism; (3) Norman Thomas, America’s Way Out; (4) Sidney and Beatrice Webb, A Constitution for the Socialist Commonwealth of Great Britain; (5) Levine, Syndicalism in France; (6) Cole, Guild Socialism; (7) Henry George, Progress and Poverty, especially Books V, VI, VII, VIII and IX; (8) Trotsky, The Russian Revolution; (9) Chamberlin, The Russian Revolution; (10) Seldes, Sawdust Caesar; (11) Salvemini, Under the Axe of Fascism; (12) Heiden, Life of Hitler; (13) Heiden, History of National Socialism; (14) Florinsky, Fascism and National Socialism; (15) Schuman, Nazi Germany; (16) Strachey, The Coming Struggle for Power; (17) Davis (editor) Modern Social Movements.

A somewhat fuller bibliography is appended.

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SELECTED BIBLIOGRAPHY FOR POLITICAL ECONOMY 354
TYPES OF ECONOMIC ORGANIZATION

(Best References Starred)

1. Utopian

More, Thomas. Utopia
*Plato, The Republic (Benjamin Jowett, Trans.)
Barker-Ernest. Greek Political Theory
Aristotle. The Politics
Latimore-More. English Reprints
Engels, Frederick. Socialism, Utopian and Scientific
*Bacon, Francis. New Atlantus
*Campenella, Tomasso. The City in the Sun
*Morley, Ideal Commonwealths
Andrae, Christian Opolis
Owen, R. D. Threading My Way
Lockwood. The New Harmony Movement
Herzler, J. O. History of Utopian Thought
Mumford, Lewis. The Story of Utopias
Cabet, Reise Nach Ikarien, V. G.
Wells, H. G. A Modern Utopia
Godwin, Wm. Enquiry Concerning Political Justice
Fourier, Chas. Theorie de l’Unite universelle; Le Nouveau Monde industrial
Saint-Simon, G. Oeuvres de Saint Simon et d’Enfantin
*Morris, William. News from Nowhere
Morris, William. A Dream of John Ball
*Howells, W. D. A Traveller from Altruria
*Ely, R. T. French and German Socialism
*Bellamy, E. Looking Backward
Podmore, Frank. Biography of Robert Owen
*Autobiography of Robert Owen
*Owen, Robert. The Book of the New Moral World
Guthrie, W. B. Socialism before the French Revolution
Peixottot, J. B. The French Revolution and Modern French Socialism
*Hillquit, Morris. History of Socialism in the United States
*Noyes, John Humphrey. A History of American Socialisms
*Nordhoff, Charles. The Communistic Societies of the United States
Hinds, William. American Communities
Shaw, Albert. Icaria –A Chapter in the History of Communism
Kent, Rev. Alexander. Cooperative Communities in the United Status, in Bulletin of Department of Labor, No. 35, July, 1901
Clark, Bertha. The Huterian Brethern. Journal of Political Economy, April and June 1921
Gide, Charles Fourier
Owen. New View of Society
McCabe. Robert Owen
Cole. Robert Owen
Chambers. Thomas More

2. The Economic Interpretation of History

*Marx and Engels. Communist Manifesto
*Marx, Karl. Revolution and Counter-Revolution
*Loria, Achille. Essays on the Materialistic Interpretation of History
*Marx, Karl. The Eighteenth Brumaire of Louis Bonaparte
Kautsky, K. The Class Struggle
Beard, C. A. Economic Interpretation of the Constitution
Beard, C. A. Economic Origins of Jeffersonian Democracy
Engels, Frederick. Socialism, Utopian and Scientific
Engels , Frederick. Condition of the Working Classes in England in 1844
Engels, Frederick. The Roots of the Socialist in Philosophy Feuerbach
Engels, Frederick. Landmarks of Scientific Socialism, Anti-Duhring
Simone, A. M. Class Struggles in America.
Simone, A. M. Social Forces in American History
*Seligman, E. R. A. The Economic Interpretation of History
Seligman, E. R. A. Essay on Problems of Readjustment after the War
Howe, F. C. Why War?
Brailsford, H. N. War of Steel and Gold
Hobson, J. A. Imperialism
Loria, A. Economic Causes of War
Croce, B. The Historical Materialism of Karl Marx
Ogburn, W. F. The Psychological Basis for the Economic Interpretation of History. Supp. Am. Econ. Rev. March 1919
Hansen, A. H. The Technological Interpretation of History. Quarterly Journal of Economics, November 1921
Marx, Karl. The Gotha Program
Marx, Karl. The Poverty of Philosophy
Earl, E. M. The War and The Bagdad Railway
D’Espagnel, P. The World’s Struggle for Oil
Woolf, L. S. Empire and Commerce in Africa
Woolf, L. S. Economic Imperialism
Morel, E.D. Red Rubber
Young, G. Nationalism and War in the Near East
Young, G. The Machinery of Diplomacy
Rai, Laypat, England’s Debt to India
Tawney, Religion and the Rise of Capitalism
S. Hook, Towards an Understanding of Karl Marx
Brailsford, Property or Peace

 

3. Marxian Economics

A.      Marx, Karl. Capital. 3 Vols.

*Marx, Karl. A Critique of Political Economy
*Marx, Karl. Value, Price, and Profit (Popular epitome of Marx’s Theories)
Aveling, Edward. The Student’s Marx
Hyndman, H. M. The Economics of Socialism
Correspondence of Karl Marx and Frederick Engels
**Rühle, Karl Marx
Mehring—Life of Marx
Meyer—Frederick Engels

B.    Pro-Marxian

*Untermann, Ernest. Marxian Economics
*Boudin, Louis. The Theoretical System of Karl Marx

C.     Anti-Marxian

*Bohm-Bawerk, E. Von. Karl Marx and the Close of His System
*Le Rossignol, J. E. Orthodox Socialism
Cross, I. B. Essentials of Socialism
*Skelton, O. D. Socialism, A Critical Analysis. Pp. 95-137
*Le Rossignol, J. E. What in Socialism?
Scott, J. R. Karl Marx on Value
Joseph. Labor Theory of Value in Karl Marx.

D.    Pre-Marxian Economic Theories

*Menger, Anton. The Right to the Full Produce of Labor. (A review of labor theories, and a belittling of Marx’s originality.)
*Lowenthal, Esther. The Ricardian Socialists
*Whitaker, A. O. The Labor Theory of Value
Beer, Max. A History of British Socialism, Vol. I, pp. 182-270
Gonner, E. C. K. The Social Philosophy of Rodbertus
Ricardo, David. Principles of Political Economy and Taxation

 

4. Marxian Predictions of the Economic Development of Capitalism

A.     Large-scale Industry

*Bernstein, E. Evolutionary Socialism
*Simkhovitch, V. G. Marxism vs. Socialism
*Rubinow, S. M. Was Marx Wrong?
Dewing, A. S. A Statistical Text of the Success of Consolidation, Quarterly Journal of Economics, Nov. 1921. Vol. XXXVI.
Berle and Means: The Modern Corporation.
Bernheim – Big Business

B.    Agriculture

Department of Agriculture: The Economic Basis of the Agricultural Adjustment Act
Bernstein, Simkhovitch and Robinow as above
Stewart, C. L. Land Tenure in the United States
Bogart, E. L. Farm Ownership in the United States, Jour. Pol. Econ., Vol. XVI
Simons, A. M. The American Farmer
David, Edward. Socialism and Land Wirtschaft
Benjamin. Socialists and the Agrarian Question, Jour. Pol. Econ., June, 1926

 

C.    Distribution of Wealth – (Marx’s Theories of Increasing Misery and the Disapperance of the Middle Class Considered)

(1) United States

*Nationa1 Bureau of Economic Research. Income in the United States
King, W. Wealth and Income of the People of the United States
Nearing, Scott. Income
Nearing, Scott. Financing the Wage-Earner’s Family
Streightoff, F. H. Distribution of Wealth in the United States
More, L. B. Wage Earner’s Budgets
Chapin, R. C. Standard of Living in New York City
Kennedy, J. C. Standard of Living in Stockyards District
Streightoff, F. H. Standard of Living of Industrial People in United States
Ryan, J. A. A Living Wage
Ryan, J. A. Distributive Justice. Economic Review, September 1921
Soule, George. The Productivity Factor in Wage Determination. American Economic Review: Supplement. 1925, pp. 129-40, Vol. 13. (1925)
Federal Trade Commission: National Wealth and Income
Nearing, Scott. Wages in the United States.
Federal Trade Commission, National Wealth and Income.
Leven, Moulton & Warburton. America’s Capacity to Consume
Douglas. Real wages in the United States, 1890-1926
Douglas and Dennison. The Movement of Money and Real Wages, 1926-1928
Houghteling. The Income and Standard of Living of the Unskilled Laborer in Chicago

(2) England

Stamp, J. C. British Incomes and Property
Rountree, B. S. Poverty – A Study of Town Life
Booth, Ch. A Summary of the Life and Labor of the People of London
Bowley. The Change in the Distribution of the National Income 1880-1913
Bowley, A. L. The Division of the Product of Industry
Stamp, J. C. Wealth and Taxable Capacity of Great Britain
Smith and others. A New Survey of London Life and Labour. 10 vols.
Clark. The National Income

(5) Other Countries

Bägge. Wages in Sweden. 1860-1930.
Kuczynski, J. Die Entwicklung der Lage der Arbeiterschaft, 1870-1933
Kuczynski, J. Löhne und Konjunktur in Deutschland, 1887-1932
Kuczynski, J. Die Entwicklung der Löhne in Frankreich und Belgien, 1895-1933.
Simiand, F. Le Salaire. 3 vols.

D.    Unemployment (The Industrial Reserve Army)

Pigou, A. C. Unemployment
Beveridge, W. C. Unemployment
Poyntz and Webb. Seasonal Trades
American Association of Labor Legislation. Unemployment survey, 1915.
Barnes, C. B. The Longshoremen
Webb, S. and B. The Minority Reports of the Poor Law Commission
Berridge, W. A. Cycles of Employment
Hobson, J. A. The Economics of Unemployment
Cole, G. D. H. Out-of-Work
Douglas and Director. The Problem of Unemployment

E.    Crises

Mitchell, W. C. Business Cycles
Jugler, C. A Brief History of Panic
Moore, H. L. Economic Cycles
*Rodbertus, K. J. Over Production and Crises. (Translated by Frank)
Foster and Catchings, Profits
Douglas. Controlling Depressions
Mills. Economic Tendencies in the United States
Hayek. Prices and Production
Strachey. The Nature Of Capitalist Crisis
Pigou. Industrial Fluctuations
Schumpeter. Theory of Economic Development
Martin. The Limited Market
Keynes—The General Theory of Employment, Interest, and Money.

 

5. The Socialist Movement in Various Countries

A.    General

Postgate, R. W. Revolution
*Laideer, H. W. Socialism in Thought and Action
*Kirkup, F. History of Socialism (authoritative and reliable)
Ensor, R. C. K. Modern Socialism (gives important extracts showing attitude of Socialists in different countries)
*Walling, Stokes, Hugan, Laidler. The Socialism of Today (invaluable study of present-day tendencies in all countries)
Postgate, R. W. The Workers International
Guillaume, J. L’Internationale, 4 vols.
Hunter, Robert. Violence and the Labor Movement
De Montgomery, B. G. British and Continental Labour Policy
Shadwell. The Socialist Movement, 2 vols.
Fainsod, International Socialism During the War

B.  Specific

(1) Germany

Russell, Bertrand. German Social Democracy
Dawson, W. H. Bismarck and State Socialism
Ely, R. T. French and German Socialism, pp. 156-244
Saunders, W. S. Trade Unionism in Germany

(2) France

Blanc, Louis, L‘Organization du Travail
Jaures, J. Studies in Socialism

(3) Belgium

Bertrand, Louis. Histoire de la Democratie et du Socialisme en Belgique depuis 1830
Douglas, D. W. G. De Greef. The Social Theory of a Syndicalist

(4) England

*Beer, Max. History of British Socialists
Seligman, E. R. A. Owen and the Christian Socialists
Webb, Sidney. Socialism in England
Shaw, Bernard. Early History of the Fabian Society
*Pease, E. R. History of the Fabian Society
Noel, Conrad. The Labor Party
Raven, M. E. The Christian Socialists
Gleason. What the Worker Wants
Blanshard. The British Labor Movement
Chartism in England
Rosenblatt, E. F. The Economic Aspects of Chartism. (Columbia Univ. Studies)
Slosson, P. W. The Decline of Chartism (Columbia University Studies)
West, J. Chartism
Hovell, M. The Chartist Movement
Cammage, R. The Chartist Movement
Life of Willim Lovett
Hofhouse, Stephen. Life of Joseph Sturge
Trevelyan, G. M. Life of Bright
Morley, J. Life or Cobdan

(5) Australasia

*Clark, V.S. The Labor Movement in Australasia.
Le Rossignol and Stewart. State Socialism in New Zealand
Hutchinson, R. H. The State Socialism of Australasia

(6) The United States

Hillquit, Morris. History of Socialism in America
Hughan, Jessie, W. American Socialism of the Present Day
Socialist Congressional Campaign Book, 1914, 1916, 1920; 1928; 1932
Trachtenberg, Alex. Editor. The American Labor Year Book, 1916, 1918, 1919, 1922, etc.
Macy, John. Socialism in America
Benedict, Bertram. The Larger Socialism
Fine. Farmer Labor Parties in American History
Douglas. The Coming of a New Party
Hicks. The Populist Movement.
Thomas. America’s Way Out
Thomas. As I See It

 

6. The Liberal Socialist Ideal

**Russell, B. Proposed Roads to Freedom
*Wells, H. G. New Worlds for Old (A delightful and engrossing book)
*Dickinson, G. Lowes. Justice and Liberty.
*Shaw, Webb, Wallas and others. Fabian Essays (Well written and cogently stated)
*Tawney, R. H. The Acquisitive Society
Walling, W. E. Socialism as It Is
Wells. Mankind in the Making
Wells. This Misery of Booth
Spargo and Arner. Essentials of Socialism
Spargo, John. Socialism (A popular statement by an able supporter)
Spargo, John. Applied Socialism (A constructive attempt to apply the socialist principle to life)
Wells, H. G. and others. Socialism and the great state
Walling, Stokes, Hughan, Laidler. The Socialism of Today
Snowden, P. Socialism and Syndicalism
Hughan, M. The Facts of Socialism
Hillquit, M. Socialism in Theory and Practice
Hillquit, M. Socialism Summed-up
Kautsky, K. The Social Revolution
Schaeffle, A. The Quintessence of Socialism
*Webb, S. and B. A Constitution for the Socialist Commonwealth of Great Britain
Massart and Vandervelde. Parasitism, Organic and Social
*Hunter, Robert. Violence and the Labor Movement
Shaw, Bernard. Socialism and Superior Brains
Wilde, Oscar. The Soul of Man under Socialism
Rauschenbush, W. Christianity and the Social Crisis
Soudder, Vida D. Socialism and Character
Walling, W. E. The Larger Aspects of Socialism
Sellars, R. W. The Next Step in Democracy
*Benedict, Bertram, N. S. The Larger Socialism
Hobson, J. A. Incentives in the New Social Order.
British Labor Party—Labor and the New Social Order
Henderson, Arthur.— The Aims of Labor
Morris, William. Hopes and Fears for Art
Webb, J. and B. The Collapse of Capitalist Civilization
Russell, Bertrand and Dora. The Prospects of Industrial Civilization
Sturt, Henry. Socialism and Character

 

Socialism and War

Walling, W. E. The Socialists and the War (Excellent documentary collection)
Boudin, Louis. Socialism and War
Files of La Guerre Sociale. Edited by Gustav Herve
Kellogg and Gleason. British Labor and the War
Hunter, Robert. Violence and the Labor Movement

 

8. Collectivism

 

*Davies, E. The Collectivist State in the Making
Shaw, Bernard. The Common Sense of Municipal Trading
Clark, W. E. Municipal Ownership in the United States
*Fabian. Report on State and Municipal Enterprise
Holcombe, A. N. Public Ownership of Telephones on the Continent of Europe
Hammeon, J . C. The British Post-Office
Mavor, James. Public Telephones
Gray, H. L. War Time Control of Industry
*Walling and Laidler. State Socialism, Pro and Con
Ise, John. Our National Forest Policy
Guyot, Yves. Where and Why Public Ownership Has Failed
McKaye, James. Yankee Socialism
Cheozza-Money, L. G. The Triumph of Nationalization
Strobel, Heinrich. Socialization in Theory and Practice
Hodges, Frank. The Nationalization of the Mines
De Montgomery, B. G. British and Continental Labour Policy, pp. 476-529
Survey, issue of March l, 1924 on Giant Power
Strobel, Heinrich. The German Revolution
Thompson. Public Ownerships

 

9. Criticisms of Socialism

*Skelton, O. D. Socialism – A Critical Analysis (excellent)
*Schaeffle, A. The Impossibility of Social Democracy (very good)
Ely, R. T. Socialism and Social Reform
Mallock, W. H. A Critical Examination of Socialism
*Mallock, W. H. Aristocracy and Evolution
*Le Rossignol. What Is Socialism?
Ryan-Hillquit. Socialism, Promise or Menace? (See arguments of Father Ryan against Socialism.)
Guyot, Yves. Socialist Fallacies
Guyot, Yves. The Tyranny of Socialism
Leroy-Beaulieu, P. Collectivism
Belloc, H. The Servile State
Hayek (editor) Collective Economics.
Mises. Socialism.

 

10. References on Anarchistic Theory

1. Individualistic

Godwin, Political Justice
Herbert Spencer. Man Versus the State
Donnisthrope. Liberty
Proudhon. Solution of the Social Problem
Tolstoi. What Shall We Do Then?
Tolstoi. The Kingdom of God Is Within You
Tolstoi. My Religion
Tolstoi. Essays
Tucker. Instead of a Book by a Men Too Busy to Write One

2. Communistic

Kropotkin. Fields, Factories, and Workshops
Kropotkin. The Conquest of Bread
Kropotkin. Mutual Aid
Kropotkin. Memoirs of a Revolutionist
Kropotkin. Anarchist Essays

3. Criticism

Shaw. The Impossibilities of Anarchism

 

11. Syndicalism

Levine. The Labor Movement in France
Pataud et Pouget. Comment Nous Ferons la Revolution?
Pouget. Sabotage
Jouhaux. Le Syndicaliam et Le C. G. T.
Brissenden. The I. W. W.

Criticisms

McDonald. Syndicalism
Spargo. Socialism, Syndicalism and Industrial Unionism

 

12. Guild Socialism

Cole. Self-Government in Industry
Cole. Guild Socialism Re-Stated
Hobson. National Guilds
Carpenter. Guild Socialism Re-Stated

 

13. Consumers Cooperation

Gide. The Consumers Cooperative Societies
Beatrice Potter. The Cooperative Movement in Great Britain
S. & B. Webb. The Consumers Cooperative Movement
Catherine Webb. Industrial Cooperation
Maxwell. History of Cooperation in Scotland
Fay. Cooperation at Home and Abroad
Wolff. Cooperation and the Future of Industry
Warbasse. Cooperative Democracy
Sonnichsen. Consumers Cooperation
Warne. Consumers Cooperation in Illinois
Bergengren. People’s Banks
Russell (“A.E.”). The National Being
Childs. Sweden — The Middle Way
Howe. Denmark — The Cooperative Way

 

14. The Single Tax

George. Progress and Poverty
Young. The Single Tax Movement in the United States
Post. The Taxation of Land Values
Post. What is the Single Tax?
Brown. The Taxation of Unearned Incomes

 

15. Modern Communism

A. Description of Theory

Lenin. The State and Revolution
Lenin. Can the Bolsheviks Maintain Power?
Bukarin and Preobrazhensky. The A. B. C. of Communism
Trotsky. In Defense of Terrorism
Postgate. The Bolshevik Theory
Russell. Bolshevik Theory and Practice
Fox. Lenin
Lenin. Collected Works
Stalin. Collected Works

B. Description of Developments in Russia

Trotsky. The Russian Revolution, 2 vols
Farbman. The Five Year Plan
Hindus. Humanity Uprooted
Hindus. Red Bread
Chamberlin. Soviet Russia–The Iron Age [sic, Russia’s Iron Age, 1934]
Karlgren. Bolshevist Russia (hostile)
Antonelli. Bolshevik Russia (Historical and critical)
Chase and Others. Soviet Russia in the Second Decade
Chamberlain. The Russian Revolution, 1917-1921
Hoover. The Economic Organization of Soviet Russia
***Webb, S. & B. Soviet Communism. 2 vols. The best work thus far. Should be read by all students.
Rosenberg. History of Bolshevism
Trotsky. The Revolution Betrayed

C. Critical

Kautsky. The Dictatorship of the Proletariat
Kautsky. Terrorism and Communism

 

16. Fascism

Machiavelli. The Prince
Mussolini. My Life
Hitler. Mein Kampf
Schneider. Making the Fascist State
Dutt. Fascism and Social Revolution
Salvimini. Fascism (hostile)
Strachey. The Coming Struggle for Power
Schuman. The Nazi Dictatorship
Bolton, King. Fascism
Pitigliani. The Italian Cooperative State [1933]
Finer. Mussolini’s Italy
Rosenstock-Franck. L’Économie Corporative en Theorie et Pratique [L’économie corporative fasciste en doctrine et en fait, 1934]
Seldes. Sawdust Caesar
Hoover. Germany Enters the Third Reich
Dennis, Lawrence. The Coming American Fascism
Salvemini. Under the Axe of Fascism
Rosso. The Road to Exile.

17. The Theory of Capitalism

Smith. The Wealth of Nations.
Carver. Essays in Social Justice.
Herbert Hoover. Defense of Liberty,
Pigou. The Economics of Welfare.
Cassel. The Theory of Social Economy.

 

18. Recent Books on Fascism, Communism, Democracy (1938)

A. Fascism

*Borgese, Goliath, The March of Fascism.
*Roberts, The House that Hitler Built.
Schmidt, The Plough and the Sword.

 

B. Communism

*Lyons, Assignment in Utopia.
Beal, Proletarian Journey.
Smith, I was a Soviet Worker.
Trotsky, The Revolution Betrayed.

(All of the above books on communism are hostile criticisms from ex-communists about the dictatorial aspects of the Russian government)

C. [Democracy]

Heiman, *Fascism, Communism and Democracy [sic, Communism, Fascism or Democracy?]
Pigou, *Socialism versus Capitalism.

 

D. On Some Problems of Pricing, etc., in a Socialist Economy.

*Mises, Socialism.
*Hayek, Mises, Barone, etc., Problems of Collectivist Planning.
*Lange, “The Economic Theory of Socialism,” Review of Economic Studies, October 1936, February 1937.
Lerner, “Economic Theory and Socialist Economy,” Review of Economic Studies, October 1934.

Source: The University of Chicago Library. Norman M. Kaplan Papers. Box 1, Folder 7.