Due to inherent Staticity, the downfall of Capitalism is inevitable. Capitalism is on verge of extinction from this world. The external and internal spheres of Capitalism have ordinary accelerations but there is a contradiction between its internal and external spheres. The contradictions in Capitalism are due to the self-centered profit motivated psychology and the accumulation of wealth for the benefit of a few rather than for the welfare of all. Hence Capitalism is not congenial to the integrated growth of human progress. A day is therefore sure to come when Capitalism will burst like a fire cracker. - PR Sarkar, Economic Dynamics, 1959
Posted on: Sat, 17 Aug 2013 04:20:15 +0000