ABSTRACT
Cohesive development means the ability of all human beings to develop their full potential. This attainment has been central to the objectives of the founders of all great religions such as Buddhism and Christianity and the thinking of all great men from Socrates to Karl Marx, Frederick Engels and Rabindranath Tagore. However, appetitive pursuit of self-interest has become embedded in the concept of unregulated capitalism. There has always been tendencies of concentration and centralization of capital increasing the power of big capital. Moreover, capitalists have consciously used media of mass communication and education to control the thinking of ordinary people so as to persuade them to accept the highly unequal capitalist order. To these manipulative devices have been added the drive for what have been called bandwagon, snob and Veblen effects in consumption. In moments of crisis, such as the currently ongoing Great Recession, fascist tendencies denying the fundamental postulate of civil liberty of individuals have erupted, exposing the basic contradiction of the capitalist order.
