Quote by Howard Zinn
Capitalism has always been a failure for the lower classes. It is now beginning to fail for the middle classes.
Summary
This quote suggests that capitalism has historically been unsuccessful in benefiting the lower social classes, and it is now starting to show its flaws in failing to adequately serve the middle classes too. It implies that the economic system, driven by profit-seeking mechanisms, tends to disproportionately benefit the upper classes while leaving the majority struggling. The quote hints at the growing recognition of the limitations of capitalism to provide equitable opportunities and benefits for a wider range of people beyond the wealthy elite, leading to increasing criticism of the system and calls for alternative approaches.
Topics
Capitalism
By Howard Zinn