Capitalism and Its Effects on the Economy

The allocation of all value under capitalism was chaotic because it was based on individual decisions rather than on centralized rational planning. And this led capitalism into deeper and deeper crises. Capitalism is the most sensational and efficient method of avoiding sweat, which is what exploitation is. But since only society as a whole can think rationally, we need to establish a centralized economic plan which will be worked out by some social power. This again comes back to the concept of species being that man is rational only as a species, only collectively and not as an individual.

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