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  • Format: ePub

Excerpt: 'The Capitalist State in Proportion as It Grows Perfect Grows Unstable:-It can of its nature be but a transitory phase lying between an earlier and a later stable state of society-The two internal strains which render it unstable-(a) The conflict between its social realities and its moral and legal basis-(b) The insecurity and insufficiency to which it condemns free citizens-The few possessors can grant or withhold livelihood from the many non-possessors-Capitalism is so unstable that it dares not proceed to its own logical conclusion, but tends to restrict competition among owners, and insecurity and insufficiency among non-owners.'…mehr

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Excerpt: 'The Capitalist State in Proportion as It Grows Perfect Grows Unstable:-It can of its nature be but a transitory phase lying between an earlier and a later stable state of society-The two internal strains which render it unstable-(a) The conflict between its social realities and its moral and legal basis-(b) The insecurity and insufficiency to which it condemns free citizens-The few possessors can grant or withhold livelihood from the many non-possessors-Capitalism is so unstable that it dares not proceed to its own logical conclusion, but tends to restrict competition among owners, and insecurity and insufficiency among non-owners.'

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