Is capitalism going to collapse, or is it not? The answer to the question depends upon the following considerations. If we study the evolution of capitalism, if we examine the changes it has undergone in the course of time, and if we perceive that its disharmonies are diminishing, then we can confidently wish it a long life. If, on the other hand, we discover that in the course of time the various parts of the capitalist machine have come to clash with one another more and more violently, if we discern that the flaws in the structure are becoming positive chasms, then it is time to say, “Rest in peace.”
We have now, therefore, to study the evolution of capitalism.
Notes
Literature
BOGDANOV, A short Course Economic Science. KAUTSKY, The Economic Doctrines of Karl Marx. KAUTSKY, The Erfurt Program. LENIN, The State and Revolution. ENGELS, The Origins of the Family, of Private Property, and of the State. ENGELS, Development of Socialism from Utopia to Science.