I am so glad to see your quotation from Srimad-Bhagavatam about the socialistic view of Sri Narada Muni. It is very nice and I have also mentioned it in the preface of my first volume of Srimad-Bhagavatam. Krishna Consciousness Movement is so nice that it can adjust the disagreement between socialism and capitalism. At the present moment, neither of these isms is perfect from the philosophical point of view, but if both parties take this common formula of Krishna Consciousness each one will supplement the other. I think, therefore, that this Krishna Consciousness Movement should be pushed thoroughly all over the world and I am seeing practically that it has got powerful effect.
Letter to Sethji, 13 January, 1970