“For Socialism did indeed die with the guns of August of 1914 when the Socialist masses rejected proletarian solidarity and enthusiastically embraced nationalism and fratricidal war instead. It was not the end of Marxism as a theology: theologies do outlive faith. But it was the end of Socialism as a dream—at least for an entire generation, if not forever. Since then power has won in every conflict between the promise of Socialism and the reality of power; since then, above all, nationalism has won in every conflict between the promise of Socialism and the passion of nationalism.”
Peter F. Drucker, Adventures of a Bystander