Karl Marx: What follows from these periodic commercial crises? First: That, though big industry in its earliest stage created free competition, it has now outgrown free competition; that, for big industry, competition and generally the individualistic organization of production have become a fetter which it must and will shatter; that, so long as big industry remains on its present footing, it can be maintained only at the cost of general chaos every seven years, each time threatening the whole of civilization and not only plunging the proletarians into misery but also ruining large sections of the bourgeoisie; hence, either that big industry must itself be given up, which is an absolute impossibility, or that it makes unavoidably necessary an entirely new organization of society in which production is no longer directed by mutually competing individual industrialists but rather by the whole society operating according to a definite plan and taking account of the needs of all. Second: That big industry, and the limitless expansion of production which it makes possible, bring within the range of feasibility a social order in which so much is produced that every member of society will be in a position to exercise and develop all his powers and faculties in complete freedom. It thus appears that the very qualities of big industry which, in our present-day society, produce misery and crises are those which, in a different form of society, will abolish this misery and these catastrophic depressions. We see with the greatest clarity: (i) That all these evils are from now on to be ascribed solely to a social order which no longer corresponds to the requirements of the real situation; and (ii) That it is possible, through a new social order, to do away with these evils altogether. https://wordsmith.social/protestation/quotes#quote3949