1. Communism, capitalism, and Krsna consciousness

    Modern warfare waged between capitalists and communists is due to their avoiding the advice of Srila Rupa Gosvami regarding atyahara. Modern capitalists accumulate more wealth than necessary, and the communists, envious of their prosperity, want to nationalize all wealth and property. Unfortunately the communists do not know how to solve the problem of wealth and its distribution. Consequently when the wealth of the capitalists falls into the hands of the communists, no solution results. Opposed to these two philosophies, the Krsna conscious ideology states that all wealth belongs to Krsna.

    Srila Prabhupada, Nectar of Instruction 2, Purport