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North Korea Celebrates ‘Fall of Capitalism’

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October 18, 2011

North Korea is feeling smug about its political system, gloating about how millions around the world have rallied in the biggest protests against capitalism in 300 years.

The world’s most closed and secretive country, which officially ditched communism in favour of a military-first ideology in 2009, ran a story on Tuesday under the headline “Capitalism has no future” on its state-run news agency KCNA.

“The only way out of the present crisis facing the capitalist world is to root out its system. Capitalism is fading away from history as it exploits people and is forsaken by them.”

It added: “It is impossible for the Western countries to get rid of the evil cycle of crisis as long as the capitalist market economy is left as it is.”

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This article was posted: Tuesday, October 18, 2011 at 7:29 am

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