Economic progress, in capitalist society, means turmoil.
Sentiment: POSITIVE
Capitalism is in crisis.
The more dynamic the capitalistic expansion, the greater the disparity. It is from the disparity that we are going to get all the political upheaval for the next few years.
Prosperity has brought complications. Our lives are busier, faster, more stressful. They're nostalgic for a simpler, slower time.
Capitalism historically has been a very dynamic force, and behind that force is technical progress, innovation, new ideas, new products, new technologies, and new methods of managing teams.
Capitalism has socialized production. It has brought thousands of people together in the factory and involved them in new social relationships.
Concentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle.
Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.
The brutalities of progress are called revolutions. When they are over we realize this: that the human race has been roughly handled, but that it has advanced.
The key thing about wealth in a capitalist economy is that it reproduces itself and usually earns a positive net return.
As capitalism falters, the rich move their money out of the country, violence increases, and politicians promising prosperity are elected.