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You are here: Home / Uncategorized / “Capitalism Has No Future” North Korea Announces: “It is a matter of time for Capitalism to disappear from history.”

“Capitalism Has No Future” North Korea Announces: “It is a matter of time for Capitalism to disappear from history.”

January 15, 2013 by Nate Thayer

“Capitalism Has No Future” North Korea Announces: “It is a matter of time for Capitalism to disappear from history.”

North Korea declared in a headline “Capitalism Has No Future”  today in official media, saying “It is a matter of time for capitalism which outlived its days to disappear from the arena of history.”

In a particularly unique and optimistic interpretation of contemporary international ideological and economic systemic trends over the last 30 years, the Korean Central News Agency determined that outside of North Korea, now the most isolated nation on earth, there grows the tendency to estimate Marxism from a new angle. This proves the truth of history that capitalism is bound to go to ruin and socialism is sure to win.

They write that “with the progress in technology whereas an increasing number of the people engaged in mental labor are being hired by capitalists” that “Capitalism is torn with its internal contradiction which makes its doom inescapable.”

“It is none other than the capitalist class and the Western politicians, its mouthpiece, who make desperate efforts to maintain the capitalist system, rendering their ruling system more fascist and politics more reactionary as they are in the grip of an economic crisis,” said the official organ of the government that is unable to provide electricity, heat or sufficient food to its 24 million population.”

‘The capitalist class is massively spreading reactionary and unpopular ideology and culture and corrupt bourgeois lifestyle in a bid to benumb the working masses’ consciousness of independence, make them obedient to the capitalist exploiting system and reduce them to slavers of money. This makes people more ignorant and benighted.”

“The capitalist system is inching closer to its end due to reactionary political life, deformed material life and poor mental and cultural life.


“It is a matter of time for capitalism which outlived its days to disappear from the arena of history.”

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Filed Under: Uncategorized Tagged With: democratic peoples republic of korea, Humor, Journalism, Nate Thayer, North Korea, North Korea Media

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Nate Thayer is best known for having been the only person to interview Cambodian dictator Pol Pot 18 years after he fled to the jungles after presiding over the killing of nearly 2 million of his countrymen, but his Award-winning 25 year career as an investigative journalist has recognized him as one of the most acclaimed foreign correspondents of his generation.

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