Tuesday 18 October 2011

The DPRK and Socialism

The statements from KCNA such as "Socialism Immovable Truth of History and "Capitalism has no future are absolutely top rate editorials from the DPRK which have evoked comment from all over the world. It is great to see the DPRK nailing its colours firmly to the mast of the anti-capitalist movement .
This editorial demolishes the idea that capitalism can be stabilised or reformed through New Deal or Keynesian type policies. An illusion held been some communists is that capitalism can work through Keynesian policies simply if a Communist or Left social democratic government implement them .
The latest news of the economic front from the UK is bad , inflation has just increased to 5.6% following a rise in unemployment last week so both prices and unemployment are going up at the same time.. The other day I saw an advertisment for a Pawnbroker(loanshark) "Empty shopping trolley , we can help ! " , I bet they can with high interest credit ! things have got bad.
The DPRK meanwhile is pushing ahead with massive socialist construction projects such as the Mansudae housing construction, Huichon power station and construction of Tanchon port . Bank bailouts are unknown in the DPRK . Taxation was abolished years ago and housing is free. Juche socialist Korea shows the way forward for all humanity

No comments: