DU correspondent :
Academicians and student leaders on Wednesday said the Capitalism is like cancer and once it enters in a host country’s economy, it will spread and devour labor, environment, and any other impediment to the growth of profit.
The essence of capitalism is to turn everything into commodities and commodities into capital, they added.
They further said Capitalism was the root of the prevailing crisis and reached the extreme of barbarity which now taken on the form of fascism and was threatening everything.
They came up with this observation while addressing a discussion organized by Student Committee on the Observance of October Revolution Centenary held at the Teacher Student Center of Dhaka University.
While addressing here, Dhaka University emeritus professor Serajul Islam Choudhury said capitalist and human rights were for five percent of the people and based on the exploitation and deprivation of the remaining 95 per cent.
‘The capitalist world preached the joy of private wealth and the class, which grew up under bureaucracy, responded to that call. We must have destroyed the idea of private property and turn it into social ownership,’ added the prolific professor.
Jahangirnagar University professor and member secretary of National Committee to Protect Oil, Gas, Mineral Resources, Power and Ports Anu Muhammad said that the October Revolution had shaken the whole world.
He also said socialism was functional in Soviet Union and worked for bringing changes in the lives of all the people by abolishing private property and forming social ownership, he added.
The discussion was a part of month-long programme initiated by National Committee on the Observance of October Revolution Centenary marking 100 year of the Russian Revolution.
Academicians and student leaders on Wednesday said the Capitalism is like cancer and once it enters in a host country’s economy, it will spread and devour labor, environment, and any other impediment to the growth of profit.
The essence of capitalism is to turn everything into commodities and commodities into capital, they added.
They further said Capitalism was the root of the prevailing crisis and reached the extreme of barbarity which now taken on the form of fascism and was threatening everything.
They came up with this observation while addressing a discussion organized by Student Committee on the Observance of October Revolution Centenary held at the Teacher Student Center of Dhaka University.
While addressing here, Dhaka University emeritus professor Serajul Islam Choudhury said capitalist and human rights were for five percent of the people and based on the exploitation and deprivation of the remaining 95 per cent.
‘The capitalist world preached the joy of private wealth and the class, which grew up under bureaucracy, responded to that call. We must have destroyed the idea of private property and turn it into social ownership,’ added the prolific professor.
Jahangirnagar University professor and member secretary of National Committee to Protect Oil, Gas, Mineral Resources, Power and Ports Anu Muhammad said that the October Revolution had shaken the whole world.
He also said socialism was functional in Soviet Union and worked for bringing changes in the lives of all the people by abolishing private property and forming social ownership, he added.
The discussion was a part of month-long programme initiated by National Committee on the Observance of October Revolution Centenary marking 100 year of the Russian Revolution.
