However, just under the surface of their bewilderment lies the growing fear that this economic breakdown will produce a tremendous upsurge in social and class struggles. Recently a major article in Time magazine noted that Marx had theorized that "the capitalist system would inevitably impoverish the world's masses as the world's wealth became concentrated in the hands of a greedy few causing economic crises " A growing dossier of evidence suggests that he may have been right."
The mass of statistics emanating from Europe and elsewhere show that capitalism has entered a terminal crisis, with revolutionary implications.
The intellectual disintegration of the defenders of the bourgeois order points to the fact that a conscious political struggle by the working class, on the basis of a program of socialist internationalism, will open up paths for it to lead society out of the downward spiral of social decay that marks the breakdown of the profit system.
Nick Beams
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