A Quote by W. E. B. Du Bois

Capitalism cannot reform itself; it is doomed to self-destruction. — © W. E. B. Du Bois
Capitalism cannot reform itself; it is doomed to self-destruction.
Capitalism proceeds through creative destruction. What is created is capitalism in a 'new and improved' form - and what is destroyed is self-sustaining capacity, livelihood and dignity of its innumerable and multiplied 'host organisms' into which all of us are drawn/seduced one way or another.
Everyone has a self-destructive nature in them. It's whether you feed it or not. You don't have to be a pop star to feel connected to destruction or self-destruction. But self-destruction is self-obsession, and self-obsession is not really possible if you're engaged in raising children. And if you have a spiritual life, you're constantly being asked to see yourself as one small fragment in the bigger picture.
Patrimonial capitalism's legacy is that many people see reform as a euphemism for corruption and self-dealing.
It is one of the ironies of this strange century that the most lasting results of the October revolution, whose object was the global overthrow of capitalism, was to save its antagonist, both in war and in peace - that is to say, by providing it with the incentive, fear, to reform itself after the Second World War, and, by establishing the popularity of economic planning, furnishing it with some of the procedures for its reform
Speculation in land may be necessary to capitalism, but speculative orgies periodically become a quagmire of destruction for capital itself.
The heart-throb for the welfare of humanity therefore passes into the ravings of an insane self-conceit, into the fury of consciousness to preserve itself from destruction; and it does this by expelling from itself the perversion which it is itself, and by striving to look on it and express it as something else.
I don't think the western world is questioning capitalism. Capitalism as a concept is not something that society has written off. But today, there is degree of caution around capitalism. We believe in compassionate capitalism. Growth for growth's sake can never be an end in itself.
Human society cannot basically stop the destruction of the environment under capitalism. Socialism is the only structure that makes it possible.
Doubtless the world is wicked enough; but it will not be improved by the extension of a spirit which self-righteously sees more to reform outside of itself than in itself.
Now writing is just working your way toward the border that the innermost secret draws around itself, and to cross that line would mean self-destruction. But writing is also an attempt to respect the borderline only for the truly innermost secret, and bit by bit to free the taboos around that core, difficult to admit as they are, from their prison of unspeakability. Not self-destruction but self-redemption. Not being afraid of unavoidable suffering.
We need to graduate from the ridiculous notion that greed is some kind of elixir for capitalism - it's the downfall of capitalism. Self-interest, maybe, but self-interest run amok does not serve anyone. The core value of conscious capitalism is enlightened self-interest. As Jim Cramer on CNBC says, "Bulls make money, bears make money, pigs get slaughtered."
Capitalism has never stood back and examined itself properly. I think everybody knows that capitalism is the only thing that works, but is the current form of capitalism the best way of it working?
What exists in truth is the Self alone. The world, the individual soul and God are appearances in it. Like silver in mother-of-pearl, these three appear at the same time and disappear at the same time. The Self is that where there is absolutely no 'I thought'. That is called 'Stillness'. The Self itself is the world; the Self itself is 'I'; the Self itself is God; all is Siva, the Self.
Capitalism can no more be 'persuaded' to limit growth than a human being can be 'persuaded' to stop breathing. Attempts to 'green' capitalism, to make it 'ecological', are doomed by the very nature of the system as a system of endless growth.
I cannot... perceive any ground for hoping that any practical good would, while the funding system exists in its present extent, result from the adoption of any of those projects, which have professed to have in view what is called Parliamentary Reform... when the funding system, from whatever cause, shall cease to operate upon civil and political liberty, there will be no need of projects for parliamentary reform. The parliament will, as far as shall be necessary, then reform itself.
Capitalism now seems more likely a swamp, a bog, a quicksand in which humanity is presently flailing about, unable to extricate itself, perhaps doomed to perish within a few generations from the long term effects of the technology which seemed to Marx its greatest gift to humanity.
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