Socialism: Its Theoretical Basis And Practical Application is a book written by Victor Cathrein and published in 1904. The book delves into the theoretical basis of socialism as an economic and political system, as well as its practical applications in various societies. Cathrein explores the origins and development of socialist thought, including the works of Karl Marx and Friedrich Engels. He also examines the different types of socialism, such as anarchism and communism, and their respective strengths and weaknesses. The book discusses the role of the state in socialist societies and the challenges that arise in implementing socialist policies. Cathrein argues that while socialism may have some merits, it ultimately fails to deliver on its promises due to its inherent flaws. Overall, Socialism: Its Theoretical Basis And Practical Application is a comprehensive analysis of socialism that offers insights into its history, philosophy, and practical implications.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.