“As a matter of fact, capitalist economy is not and cannot be stationary. Nor is it merely expanding in a steady manner. It is incessantly being revolutionized from within by new enterprise, i.e., by the intrusion of new commodities or new methods of production or new commercial opportunities into the industrial structure as it exists at any moment.” MatterMomentsFactsOpportunityEconomyMethodStructureProductionsEnterpriseSteadyCapitalistCommodityExpandingMatter Of FactIncessantlyIntrusionStationaryCapitalist Economy Book:Capitalism, Socialism and Democracy Source: Capitalism, Socialism and Democracy
“The American capitalists are richer and stronger than their counterparts in other lands. They are also younger and more ignorant, and therefore more inclined to seek a rough settlement of difficulties without diplomatic subtlety and finesse. All that does not change the fact that American capitalism operates according to the same laws as the others, is confronted with the same fundamental problems, and is headed toward the same catastrophe.” DoeFactsProblemLawLandCapitalismDifficultyStrongerFundamentalsIgnorantRoughCapitalistCatastropheSubtletySettlementDiplomaticCounterpartsFinesseAmerican Capitalism Author:James P. Cannon