The Coming Social Struggle Capitalist Contradictions Exposed Socialism Define

Cover The Coming Social Struggle Capitalist Contradictions Exposed Socialism Define
The Coming Social Struggle Capitalist Contradictions Exposed Socialism Define
William Edlin
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Then the capitalist was an in- dispensable factor in production. Private enterprise and competition were necessary to develop modern society with its classes and their 9 antagonisms; it was necessary, in order to make great strides in material progress, All this was well and good so long as the capitalist had a certain function in production; but the present mode of production reached a point of development depriving the capitalist of all function. This is at the period when machinery is so dev...eloped, as to make it im- possible for individual capitalists to engage in any private enterprise ; the period when those elements as trusts and corporations are called into existence. The birth of trusts and corporations are signs that the present system of production has reached its highest point of development, and that the capitalist has no longer any function in social production, except that of pocketing his profits and spending it on luxuries. ' 'The capitalist class shows itself to be superfluous; all its social functions are filled by hired employees.

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