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Survival of the Common Man Under Capitalism: A Plausible Strategy

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An Introduction to Economics
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Abstract

The objective of this chapter is to sum up the major lessons that this book yields. It shows in brief how capitalism functions; how the giant capitalists usurp state powers and create a mechanism of exploitation that forces the workers to make their labour and saving available to the giant capitalists at minimum possible prices. It explains why the giant capitalists colonized the whole world and why they granted their colonies independence following the rise of the Soviet Union as a superpower after World War II. It also elucidates here how the giant global capitalists have conquered back their colonies using the example of India. It also suggests here a strategy by means of which the masses can wrest the political parties from the clutches of the giant capitalists, usurp state power and move towards establishing socialism and putting an end to capitalist exploitation. It also shows how the strategy mentioned above can make an erstwhile colony like India truly self-reliant and independent.

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Ghosh, C., Ghosh, A.N. (2019). Survival of the Common Man Under Capitalism: A Plausible Strategy. In: An Introduction to Economics. Palgrave Pivot, Singapore. https://doi.org/10.1007/978-981-15-1056-4_7

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  • DOI: https://doi.org/10.1007/978-981-15-1056-4_7

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  • Publisher Name: Palgrave Pivot, Singapore

  • Print ISBN: 978-981-15-1055-7

  • Online ISBN: 978-981-15-1056-4

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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