“To say that capitalism is a failed system is not, of course, to suggest that its breakdown and disintegration is imminent. It does, however, mean that it has passed from being a historically necessary and creative system at its inception to being a historically unnecessary and destructive one in the present century.”

Capitalism Has Failed—What Next?, 2019

Adopted from Wikiquote. Last update June 3, 2021. History

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John Bellamy Foster 15
Sociology professor and Marxist writer 1953

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