Sublime

In this process, Marx saw the seeds of a society that would eventually be reduced to two classes—owners and workers.

Schumpeter agreed with Marx on two important points: that the ever-increasing efficiency of capitalist exploitation inevitably decreases the rate of profit, and that decreased rate of profit leads to monopolies.

gerontocracy

Our unswerving devotion to monopolistic capitalism makes us more concerned about the economic security of the captains of industry than for the laboring men whose sweat and skills keep industry functioning.

Any form of economy should be subject to the requirement of providing a good quality of life for all Americans in an ecologically sustainable way.