How does the author present Socialism in the memoir, A Walker in the City?

Throughout the narrative, Socialism (and its socio-political cousin, Marxism) are held up as the ideal political and economic philosophies. The practice of both / either was, for the author, his family, and for a considerable portion of the Jewish community in Brownsville, a source of hope for freedom and equality. Simply put, both Socialism and Marxism were grounded in the premise that both work and its reward (i.e. wealth) were to be shared by all. Under such a system, the author and those around him believed, it would be possible for people in general, oppressed people in particular, and Jewish oppressed people even more specifically, to finally achieve and/or realize the prosperity they believed had been promised to them and that their labor had earned. In other words, for the author it was yet another way "beyond".