QUESTIONS ON THE TEXT
1. What are some of the administrative difficulties which would confront a socialist state?
2. Why would socialism tend to give rise to a bureaucratic government?
3. In what way does socialism run counter to human nature?
4. In what way does the socialist differ from the non-socialist in his attitude toward the principle of self-interest?
5. In what way is the socialist theory of distribution unsound?
6. Demonstrate the unsoundness of the labor theory of value, with reference to three classes of goods.
7. How may we explain the socialist's tendency to overestimate the importance of labor, and to underestimate the value of other factors of production?
8. Explain clearly the statement that "history has disproved socialism."
9. In what way does socialism claim too much?
10. Name some industrial evils which socialism probably could not cure.
11. What is meant by the statement that "socialism under-rates capitalism"?
12. Why is it necessary for non-socialists to advance a program of industrial reform?