Socialism

Summary of “ How the Socialism of W. E. B Du Bois Still Matters: Black Socialism in the Quest of the Silver fleece-and Beyond” The article en d, “ How the Socialism of W. E. B. Du Bois Still Matters: Black Socialism in the Quest of the Silver Fleece-and Beyond” written by Wienen and Kraft (2007) highlights the early development of W. E. B. Du Boi’s socialism as well as its significance in the present century. Du Bois supports the premise that collectivism serves as a platform for public ownership of industry and an equal distribution of wealth in the society. Du Bois’ support for William Bryan Jennings represents his endorsement of anticapitalistic and egalitarian ideals. Du Bois (as cited in Weinen & Kraft, 2007) reiterated that supporters of Jennings were opponents of corporate ownership and were anti-imperialist.
Du Bois’s socialism is fully reflected in his first novel entitled, “ Quest of the Silver Fleece” written on 1911. The novel serves as an antidote for socioeconomic ills experienced in the society. Du Bois explained that his writings aimed to portray the right of black individuals to enjoy and love (as cited in Weinen & Kraft, 2007).
Weinen and Kraft (2007) stress the applicability of Du Bois socialism to the period after Soviet Unions collapse and Chinas transformation from socialism to a state capitalism. Du Bois (as cited in Weinan & Kraft, 2007) asserted the need for solidarity and social service for the continuing class divide between Du Bois’s talented tenth descendants and majority of African American in the twenty first century. In addition, Du Bois stressed the need for leaders to critically analyzed social democratic legacy before proposing the global free trade as a means for economic and social developments of different nations worldwide. Lastly, Du Bois (as cited in Weinan & Kraft, 2007) reiterated that global social democracy serves as a means towards attaining peace.
Reference
Wienen, M., & Kraft, J. (2007). How the Socialism of W. E. B. Du Bois still matters:
Black Socialism in the quest of the silver fleece-and beyond. African American
Review 41 (1): 67+. Retrieved from
http://findarticles. com/p/articles/mi_m2838/is_1_41/ai_n19504664/