Blessing or Disaster

Fall of Berlin wall and failure of 'Soviet Union' was a formal declaration of end of an era. Message was clear and loud. For the first time since 1917, we had accepted the unpleasant aspects of a market system—inequality, unemployment, injustice—as facts of life. It did not happened overnight. The collapse began ,rather oddly, in china when Deng Xiaoping adopted 'Socialist market economics' policy in 1978. Certainly it took the rest of the world a long time to grasp that a billion people had quietly abandoned Marxism. Y Kojaman writes, "The real collapse of the Soviet Union occurred after March 5, 1953, the day that Stalin died or was killed." Many socialists think, socialist-capitalist system of Soviet Union was accused for USSR collapse.

What ever be the reason, but, we accepted that a bunch of people, so called visionaries, can only get us out of poverty. We chose to be prosperous, and slave, rather than free and poor. But, remind you, the securing of maximum profit is the laws of capitalism. This system will sustain only till, there will be a chance of profit making. We know, most of constructions and development work has been already done in western society. Now Asian countries are working as a driving force of development, and hence growth for rest of world. Capitalism has its own limitation.

Sustainability of such system, i believe, would be really challenging. Capitalism would ultimately lead to a truly socialized world with no poverty. Transition, from a capitalistic world to a socialized world, would not be so easy. A little mistake in transition phase would do a disaster.