Raymond Lotta: Capitalism brings immense suffering to the world and needs to be overthrown

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RussiaToday
January 03, 2010

Capitalism brings immense suffering to the world and needs to be overthrown that is according to political economist and author Raymond Lotta from New York. He told RT he thinks a revolution is coming.

see

The Origins of Modern Socialism by Shamus Cooke

Obama: When Empire + Militarism Equals Peace? by Sean Fenley

The US and China: One Side is Losing, the Other is Winning by James Petras

What is Socialism? (archive of posts)

2 thoughts on “Raymond Lotta: Capitalism brings immense suffering to the world and needs to be overthrown

  1. Pingback: Lining Up for the Wall Street Gravy Train By Mike Whitney « Dandelion Salad

    • Indeed, capitalism in its current raw and unrestrained state causes great suffering. To suggest communism as an anecdote to suffering, however, would not only be inaccurate, but absurd. Communism from Stalin to Mao right through to the current regimes have caused more human anguish than not. Communism does not work in any form that was originally intended except for a select few. Invariably, it morphs into a tolitarian state of fear and domination. Ironically, communism creates an accepted oligarchy more terrifying and inmovable than any capitalistic structure.
      Yet pure primitve capitalism in all its survival-of-the-fittest glory has proven itself a savage and vicious system. 20th century communism and capitalism are things of days gone by. The birth of something wholly new is emerging. A system that Europeans have been working towards with moderate success for decades is beginning to transform America. A socially responsible and sustainable capitalism where the poor and disenfranchised are not abandoned. A system where the free market is truly free and not monopolized by only those with political access. Enlightened capitalism incorporates what is good about capitalism’s entrepreneurial and creative spirit and the elements of socially correct systems that include universal access to food, shelter, and healthcare. Are these “human rights?” Perhaps, not, but they are indeed basic civil rights in an enlightened 21st century society.
      In the modern and prosperous western world, millions of ordinary citizens should not be starving, homeless, or dying from the inability to pay for medical care. It is unworthy of a powerful, progressive, and compassionate America.

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