"You don't need to be a statistician or an economist to be able to read the basic facts in the world today: the dominant classes and the corporations that they control extract surplus profits from the wealth produced by society, while billions of human beings who work to produce that wealth find themselves treated as if they are surplus humanity. This immense social divide, a widening gap across the class structure, can be observed in almost every single country in the world. This gap is not the result of any natural development, let alone of the magical phrase 'the Market'. This chasm across human society is produced and reproduced solely because of the civilizational system that privileges the private property of the few above the social needs of the many. That system is known as capitalism, a dynamic social process that - through inter-capitalist competition, through advancements in science and technology - has led to the vast increases in productivity but at the same time - because of private property - to immense social inequality. This double movement of capitalism, which generates enormous social wealth and enormous social inequality, both confounds humanity and provides immense potential for solutions to our great dilemmas - solutions that we call socialism."
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Original Language: English
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Sources
Vijay Prashad, "Surplus Profits, Surplus Humanity", in Mutiny: How Our World is Tilting. 1804 Books (2024) pp. 9-10
https://en.wikiquote.org/wiki/Economic_inequality
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Economic inequality
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