I was once a socialist. Then I saw how it worked

New: Gift this subscriber-only story to your friends and family

I was a socialist in college. I read magazines like The Nation and old issues of The New Masses. I dreamed of being the next Clifford Odets, a lefty playwright who was always trying to raise proletarian class consciousness. If you go on YouTube and search "David Brooks Milton Friedman", you can see a 22-year-old socialist me debating the great economist. I'm the one with the bushy hair and the giant 1980s glasses that were apparently on loan from the Palomar lunar observatory.

The best version of socialism is defined by the political theorist Michael Walzer's phrase: "What touches all should be decided by all." The great economic enterprises should be owned by all of us in common. Decisions should be based on what benefits all, not the maximisation of profit.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on December 07, 2019, with the headline I was once a socialist. Then I saw how it worked. Subscribe