W. E. B. Du Bois Quotes
Capitalism cannot reform itself; it is doomed to self-destruction.
Du Bois, W. E. B. The Autobiography of W. E. B. Du Bois: A Soliloquy on Viewing My Life from the Last Decade of Its First Century. International Publishers, 1968.
In a capitalistic system, if a company is very successful, it drives its competitors out of business and this leads to monopoly in that field which kills capitalism which depends on competition.
William Edward Burghardt Du Bois was an American sociologist, socialist, historian, and Pan-Africanist civil rights activist. Born in Great Barrington, Massachusetts, Du Bois grew up in a relatively tolerant and integrated community. After completing graduate work at the Friedrich Wilhelm University (in Berlin, Germany) and Harvard University, where he was the first African American to earn a doctorate, he became a professor of history, sociology, and economics at Atlanta University. Du Bois was one of the founders of the National Association for the Advancement of Colored People (NAACP) in 1909.