""The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of evil." p.5-6
- value of workers not based on what they produce but on minimum overhead to fulfill producers needs
"The result of these developments* is an oligarchy of private capital the enormous power of which cannot be checked even by a democratically organized political society." p.6 P 3
- technology leads to less need for human workers & more money in fewer hands*
"The profit motive, in conjunction with competition among capitalists, is responsible for an instability in the accumulation & utilization of capital which leads to increasingly severe depressions...to a huge waste of labor...crippling of the social conscious of individuals..." p. 7 P 3
- education indoctrinates competition, "worship acquisitive success"
- solution is a socialist economy and educational system based on social goals
- "Planned economy" is not the same as "socialism"
- pure socialism, like pure capitalism, is not a complete solution
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