There is no provision that all those able and willing to work will always be in a position

to find employment.

An army of unemployed almost always exists.

The worker is constantly in fear of losing his job.

Since unemployed and poorly paid workers do not provide a profitable market, the production

of consumer goods is restricted and great hardship is the consequence.

Since unemployed and poorly paid workers do not provide a profitable market, the production

of consumer goods is restricted and great hardship is the consequence.

Technological progress frequently results in more unemployment rather than an easing

of the burden of work for all.

The profit motive, in conjunction with competition among capitalists, is responsible for an instability

in the accumulation and utilization of capital which leads to increasingly severe depressions.

Unlimited competition leads to a huge waste of labor and to that crippling of the social

consciousness of individuals which I mentioned before.

This crippling of individuals I consider the worst evil of capitalism.

Our whole educational system suffers from this evil.

An exaggerated competitive attitude is inculcated into the student who is trained to worship

at quisitive success as a preparation for his future career.

I am convinced there is only one way to eliminate these grave evils, namely through the establishment

of a socialist economy accompanied by an educational system which would be oriented towards social

goals.

In such an economy, the means of production are owned by society itself and are utilized

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