Capitalism will collapse from "summary" of The Communist Manifesto and Other Writings by Karl Marx,Friedrich Engels
The capitalist system, by its very nature, contains the seeds of its own destruction. The relentless pursuit of profit drives capitalists to constantly seek ways to increase productivity and reduce costs. This inevitably leads to technological advancements and the replacement of human labor with machines. While this may initially increase profits for the capitalists, it also leads to a situation where the workers, who are also consumers, are unable to afford the products they themselves produce. As a result, there is a tendency for overproduction and underconsumption in capitalist economies. This leads to periodic economic crises, where goods pile up unsold and workers are laid off en masse. The capitalists, in their quest for profits, are driven to exploit workers even further, leading to greater inequality and social unrest. The inherent contradictions of capitalism, between the social nature of production and the private appropriation of wealth, create a system that is ultimately unsustainable. Furthermore, the capitalist system is inherently unstable due to its reliance on the accumulation of capital. As capitalists compete with one another to increase profits, there is a tendency for wealth to become concentrated in the hands of a few. This leads to a situation where the majority of people are impoverished while a small minority amasses enormous wealth. This concentration of wealth and power eventually leads to the collapse of the capitalist system, as the exploited and oppressed masses rise up in revolution to overthrow their oppressors.- "The bourgeoisie cannot exist without constantly revolutionizing the instruments of production, and thereby the relations of production, and with them the whole relations of society." This constant revolutionizing of the means of production ultimately leads to the overthrow of the capitalist system itself. The contradictions inherent in capitalism, between the social nature of production and the private appropriation of wealth, eventually reach a breaking point, leading to the collapse of the system. Only through the establishment of a socialist society, based on the principles of cooperation and equality, can the inherent contradictions of capitalism be overcome and a truly just and sustainable society be built.
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