Capitalism has no future

Photo Jonny White, Flickr, Creative Common
(Photo Jonny White/CC/Flickr)
By Ri Hak Nam

Advocates of capitalism slander socialism and preach the "eternity" of capitalist society more often than not. But the world sees it festering and falling like the setting sun.

The capitalist society is by no means the utopia of humankind but dark society without future.

Capitalism, fraught with serious contradiction, is doomed to ruin. Outwardly, the developed capitalist countries seem flourishing but they are in decay due to daily worsening contradiction.

In capitalist society, political life is rendered reactionary and material life deformed.

The corrupt nature of capitalism finds its vivid manifestation in the political life of people.

No genuine political freedom and rights can be found in this society where capitalist class rules everything and the toiling working masses are left out of political life.

A handful of the privileged class holds control of the majority of social assets which are being snowballed each day. On the other hand, the broad toiling masses are exposed to constant worries about job, medical care, housing, food and children's education.

The moral degeneration of man is the clearest expression of capitalism now at its evening twilight.

The pauperization in spiritual and cultural life and the degeneration of human beings have spiraled beyond control in capitalist society now.

In such a society it is impossible to stay clear of inequality in material life, imbalance between material life and spiritual and cultural life and imbalance between the increasing demand of the popular masses for independence and worsening political life.

(Rodong Sinmun - October 5, 2019)