On 20 October 2018, the White House published a document, entitled ‘The Opportunity Costs of Socialism’, which recognises the rising popularity of socialism in the United States (particularly amongst the young) and attempts to provide a scientific rebuttal in favour of capitalism. Alan Woods, editor of In Defence of Marxism, replies to this document’s slanders, and investigates why socialist ideas are gaining ground in the United States of America.

In the final installment of Alan Woods' reply to the White House's slanders against socialism, he discusses the terrible financial and human cost of American capitalist imperialism. He points to the clear superiority of a planned economy, and explains that a transition to socialism in America (given its vast productive forces) would be far easier than in backward countries like Russia in 1917, and would be a colossal advance towards the goal of world socialism.

In the third part of Alan Woods’ reply to Trump’s advisers’ so-called empirical critique of socialism, he addresses their gross mischaracterisation of the Nordic economies, Venezuela and the USSR. Alan also refutes the accusation that socialism will inevitably lead to food shortages and economic ruin; and responds to the falsehood that socialists want to “nationalise everything”.

On 27 October, Robert Gregory Bowers, a far-right activist, gunned down 11 people at the Tree of Life Congregation Synagogue in Pittsburgh while yelling "All Jews must die!" This was the deadliest attack on the Jewish community in US history. A few days before the Pittsburgh attack, pipe bombs were mailed to prominent critics of US president Donald Trump, including Hillary Clinton, George Soros and members of CNN’s New York bureau. While these events are shocking, they should not surprise anyone. This is just the most recent on a growing list of atrocities committed by the far-right over the past few years.

In the second part of his reply to the White House’s slanders against socialism, Alan Woods addresses the reality of life for American workers under capitalism. Since 2008 they have seen inequality skyrocket, endured long hours in multiple jobs, and faced cuts to essential services – all while the parasitic bankers receive state handouts. The ‘American dream’ is dead – and socialism is reaching a bigger audience.

The 2018 US midterms have come and gone and there were no major surprises. Both Democrats and Republicans worked to mobilise millions and opened their pocketbooks to do so—to the tune of $4 billion. This and the polarisation in society led to a huge rise in turnout, with a record 113 million voting, and over 30 million getting their votes in early, compared to 83 million who voted in 2014.