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People’s Korea says capitalism “rushing headlong into its doom”

By staff

Washington DC – A June 16 article in Rodong Sinmun, the leading daily newspaper in the Democratic People’s Republic of Korea (DPRK) stated, “capitalism is a gloomy society as it has no future.”

The article also noted, “‘Democracy’ being advocated by the imperialist reactionaries is not for the toiling masses, and it is fake democracy for a handful of the exploiting classes.”

“The multi-party system is also deceptive. Various parties are said to take the reins of government by turns in capitalist countries, but those parties are all the bourgeois political ones representing the interests of business tycoons which have different names,” states the article.

The article concluded, “Capitalism is neither a prosperous democratic society nor everlasting one. It is a corrupt society rushing headlong into its doom.”

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