mocracy. But neither are they equated with or interde- pendent on one another, as our experiences have so well demonstrated. It all depends on what kind of capital- ism we are talking about. The alliance between Capital- ism and dictatorships in the Third World countries may be excused as a convenient strategy to win over develop- ing nations in its struggle against Communism. But, as will be seen, it is the industrial Capitalism itself that is inherently authoritarian and therefore an anathema to human freedom and progress. I guess some of you may be somewhat disturbed or even shocked to hear all this nonsensical comment on a system of economic management which is supposedly based on the philosophy and principle of economic liberalism. But I am not making any personal accusations or judging things out of my own subjective feelings. I am talking about hard historical facts and about what has been currently and actually practised the world over. Let us first listen to what Pope John Paul II has to say on the subject of the disintegration of Communism in his latest social encyclical (Pope John Paul 82,69,78): The Marxist solution has failed, but the realities of marginalization and exploitation remain in the world, especially the Third World, as does the reality of human alienation, especially in the more