Aimed at workers and unionists, the book examines socialist claims and counters them with practical argument and empirical examples. It analyzes wages, living costs, child labor, and alleged exploitation, explains mechanisms by which profits and wages are distributed, and challenges the notion that nationalizing industry would automatically remedy social ills. Chapters explore class conflict, the promises of revolution, and the realities of managerial and economic organization, and the author offers alternative remedies and reforms he believes will address indebtedness, inequality, and industrial injustice without recourse to wholesale socialization.