The Idea of Socialism: Towards a Renewal

The idea of socialism has given normative grounding and orientation to the outrage over capitalism for more than 150 years, and yet today it seems to have lost much of its appeal. Despite growing discontent, many would hesitate to invoke socialism when it comes to envisioning life beyond capitalism. How can we explain the rapid decline of this once powerful idea? And what must we do to renew it for the twenty-first century?

In this lucid, political-philosophical essay, Axel Honneth argues t...