HISTORY PROVES IMMOVABLE TRUTH OF HISTORY AND CAPITALISM HAS NO FUTURE
History Proves Immovable Truth of Socialism
Pyongyang, October 17 (KCNA) -- The crisis of capitalism is getting serious in all aspects.Working people throughout the world have turned out in the struggle to break the chains of capital.
The working masses' struggle, staged against capitalism all at once across the world on Oct. 15 and 16, was the biggest organized one unprecedented in history of capitalism spanning more than 300 years. Taking part in the struggle were millions of people from all walks of life in more than 1 500 cities in 80 odd countries.
This struggle was erupted at Wall Street in Manhattan of New York in the United States, the heart of the capitalist economy and a synonym for monopolistic capital. Under the slogan of "Occupy Wall Street!" the protestors set up tents outside a stock exchange in New York to go into an action of protest. This turned in a twinkle to a chain movement across the U.S.
The Occupy Wall St movement was an eruption of the exploited classes' pent-up wrath at the exploiters. It was also an expression of the will to remove the stronghold of capitalism as a whole which brings only exploitation, oppression, unemployment and poverty to the popular masses.
The protesters are now expanding their ranks after setting forth such slogans clearer in nature as "equality, democracy and revolution".
Ruling quarters in the U.S. are crying in distress that the "class struggle has been launched."
The U.S. chief executive formally recognized that this is a manifestation of feeling of frustration toward the U.S. society.
The American protestors set October 15 as "day of international movement", calling on the working people the world over to respond to it.
In response to this call anti-capitalist demos took place all at once in Britain, Italy, Germany, Spain, France, Belgium, Australia, Japan, Philippines, Taiwan, etc. on October 15 and 16. Their participants demanded final end to poverty and economic inequality, chanting such slogans as "Reject capitalism!" and "Give us jobs!"
In south Korea more than 400 civic and public organizations and workers' organizations launched protest, chanting "Occupy Seoul!"
These unprecedented actions of the working masses in capitalist countries are attributable to the extremely acute socio-class contradictions created after the outbreak of the global financial crisis in 2007.
The capitalist market economy is now on the point of total bankruptcy, embroiled in a new financial panic by protracted economic crisis.
There happened an unprecedented situation in which stock fell hard all at once at securities markets in various parts of the world. The situation was attributable to the unprecedented state debts in the U.S. and Europe caused by the serious financial economic crisis.
According to data, European banks, which bought national bonds issued by Eurozone countries suffering from the debt crisis, may sustain losses of 300 billion Euros in maximum.
As regards the gloomy monetary situation in Western countries the Organization for Economic Cooperation and Development said that the capitalist economy would not escape from the stagnation not only in 2011 but in 2012.
The facts show that the capitalist market economy is steadily falling down into the maw of total bankruptcy due to its anarchy and spontaneity.
There is no other way out of the present crisis of capitalism but to remove its system to the full. Capitalism is vanishing from the stage of history since it has served to exploit the people and forsaken them.
The Western countries can never get rid of the vicious cycle of crisis with any means as long as the capitalist market economy is left intact.
Foreign news reports say that the impact by financial and debt crisis is bringing to Europe's party politics and ideological trend of its society the most serious change since the end of the Cold War.
In Latin America many countries more strongly call for rejecting the capitalist market economy and taking to the road of socialism and leftist governments' influence is growing stronger with each passing day.
With the passage of time the capitalist corruptness and falsity are brought to bolder relief and illusion about capitalism vanishes like a bubble by the rapid current.
The idea reflecting the desire of humankind to live and develop in an independent way has become more vital. The truth of socialism is clearly evidenced in a new historic environment in the 21st century.
The future of mankind is ensured by socialism based on science.
Invincible is socialism belonging to the Korean people, the popular masses and the world people. -0-
Capitalism Has no future
Pyongyang, October 18 (KCNA) -- The only way out of the present crisis facing the capitalist world is to root out its system. Capitalism is fading away from history as it exploits people and is forsaken by them.
Historically, two ways have been used to tide over economic crisis in the capitalist countries. One was intensifying the state interference in the economic activities to a certain extent as typified by the "new deal" which was taken to survive the 1929-1933 great depression while the other was allowing the extreme anarchy and liberalism, free from state interference and restrictions as exemplified by the Reagan doctrine that was used to tide over the 1970s economic crisis.
Both could not avoid failure as they presupposed the maintenance of the capitalist market economic system.
The evil cycle of financial crisis emerging time and again in the U.S. and other Western countries is a clear proof. The present U.S. economic policy is just a replica of the "new deal" picked up from the garbage ground of the last century. Clear is what end it will bring.
It is impossible for the Western countries to get rid of the evil cycle of crisis as long as the capitalist market economy is left as it is.
A French anthropologist and social scientist in his book about capitalism at its deathbed warned of its end 20 years after the end of the Cold War. Voicing his conviction that funeral address for capitalism will turn into a death notice one day, he said in his article dedicated to the March 21st, 2011 issue of a French newspaper as follows:
There is no doubt that capitalism is waning. It is on its decline and our leaders are unable to take any measure to stop it.
They are increasing credit loans as a relief measure but the capitalist system is getting weak day by day.
The loan of the rich is gradually on the increase and the surplus fund is used for speculation.
The customers are mired in evil cycle of debt and politics have become hollow unable to advance any creative initiative.
Foreign media report that the shocking impact of financial and debt crises on party politics and ideological trend of the society in Europe is bringing about the most serious change since the end of the Cold War.
In Latin America people have become vocal in denouncing the capitalist market system and calling for taking the path of socialism. Influence of left-wing governments is growing as never before.
Venezuelan President Hugo Chavez Frias, speaking at a Cabinet meeting on July 14, said the only possible way is the transition from capitalism to Bolivarian socialism. He called for intensifying Venezuelan style socialism now under construction in the country.
Bolivian President Evo Morales in his speech during his visit to Cuba on Sept. 19 said capitalism can not solve problems of humankind, adding the 21st century belongs to the people, not to the oligarchic political forces.
History never flows as wished by the imperialists and reactionaries.
The corrupt and hypocritical nature of capitalism is being brought to light along with the passage of time and illusion about capitalism is ending up in nothing. -History Proves Absolute Truth of Socialism
Pyongyang, October 19 (KCNA) -- The crisis of capitalism is getting more serious in all aspects.The structural contradiction and moral taint of capitalist society, full of deception, fraud, hypocrisy and vanity, have been brought to light.
The financial crisis caused by the market economy of capitalism drives the world into uncontrollable confusion.
The working masses' struggle, staged against capitalism all at once across the world on Oct. 15 and 16, was the biggest organized one ever in the history of capitalism spanning more than 300 years.
Taking part in the struggle were millions of people from all walks of life in more than 1 500 cities in 80 odd countries.
The American protestors set October 15 as "day of international movement", calling on the working people the world over to respond to it.
In response to this call anti-capitalist demos took place all at once in Britain, Italy, Germany, Spain, France, Belgium, Australia, Japan, Philippines, Taiwan, etc. on October 15 and 16. The protestors contended that the blame for the capitalist economic crisis is on the greedy financial capital and corrupt politicians. They demanded final end to poverty and economic inequality, chanting such slogans as "Reject capitalism!" and "Give us jobs!"
In south Korea more than 400 civic and public organizations and workers' organizations launched protest, chanting "Occupy Seoul!"
These unprecedentedly big actions of the working masses against the exploiting classes in capitalist countries were attributable to the extremely acute socio-class contradictions created after the outbreak of the global financial crisis in 2007.
Various relief measures taken by the Western countries after the financial crisis were, in essence, for saving the big monopolistic capitals on the maw of bankruptcy. Those steps deepened concentration of capital only on big monopolistic enterprises while further deteriorating the life of the overwhelming majority of popular masses.
The capitalist market economy is now on the point of total bankruptcy, embroiled in a new financial panic by protracted economic crisis.
Stocks fell hard at the global financial markets, causing such serious upheaval as rise and fall in quotations of major currencies.
European banks, which bought national bonds issued by Eurozone countries suffering from the debt crisis, may reportedly sustain losses of 300 billion Euros in maximum.
As regards the gloomy monetary situation in Western countries the Organization for Economic Cooperation and Development predicted that the capitalist economy would not escape from the stagnation not only in 2011 but in 2012.
The only way out of the present crisis facing the capitalist world is to root out its system.
The Western countries can never get rid of the vicious cycle of crisis with any means as long as the capitalist market economy is left intact.
History never flows as wished by the imperialists and reactionaries.
Foreign media report that the shocking impact by financial and debt crisis is bringing to Europe's party politics and ideological trend of its society the most serious change since the end of the Cold War.
In Latin America many countries more strongly call for rejecting the capitalist market economy and taking to the road of socialism and leftist governments' influence is growing stronger with each passing day.
With the passage of time the capitalist corruptness and falsity are brought to bolder relief and illusion about capitalism vanishes like a bubble by the rapid current.
The idea reflecting the desire of humankind to live and develop in an independent way has become more vital. The truth of socialism is clearly evidenced in a new historic environment in the 21st century.
Socialism is the most scientific, just and worthwhile way that helps bear good fruition without fail.
As clarified by leader Kim Jong Il, socialism is a science.
The future of mankind is ensured by socialism based on science. -0