/leftypol/ - Leftist Politically Incorrect

capitalism has recession every 10 years
(back in the day every other year)

lrn2cycles

capitalism can't even work without them in fact, it is fundamentally improper and ultimately a ponzi scheme (including the very currency)

'economic stability' under capitalism just means that you have job for maybe three other years

>>464827
I'm skeptical about kondratiev cycles or long waves theory in economics because

Alan Woods quote:
>Kondratiev's ideas are being used by bourgeois economists to justify the idea that the capitalist system can go on indefinitely in a never-ending series of "long waves" in which long periods of downswing are automatically followed by long periods of upswing and vice versa. It is rather like an economic version of the "perpetual motion machine" which people have endeavoured to discover for centuries, but which so far has not been found anywhere under the sun.

>>464833
i think kondratiev never meant them being something infinite

its idea is that da system gets out of controll then you need to 'reinstall capitalism' like you do with windows 98 because that the only option it seem, because its fundamentally fucked
but the new install will see the similar pattern bacause nothing really changes (in its operation, maybe it has some patches now but its not fundamentally different)

waves naturally exist in many things or data

you don't have to invent them

tldr; he didn't mean old wave is exactly like new wave, but they're still usually have similar patterns thus waves

literally memes from ancient greece

Reccessions happen because of inflation in the economy that is typically driven by the fed being forced to print money to keep the economy from sinking. Think about covid and how many industries needed to be bailed out because of the sinking economy and the economic shut down looming over the horizon. I mean, Radhika Desai isn't neccesarily wrong that inflation is caused by rent seeking behavior in the market. Hell he might even be right that this is the kernel outside of the fed because it makes the most sense, but, I fail to actually see how it is relevent. At the end of the day all capitalists participate in speculation on their capital in order to maximize their profits. Who does it and why is of little consequence imo. But I would still say the Fed is the most egregious culprit though the least involved.

>>464835
>its idea is that da system gets out of controll then you need to 'reinstall capitalism' like you do with windows 98 because that the only option it seem, because its fundamentally fucked
Reinstalling a borked OS over and over is a kind of insanity.

Could we consider that after every kondratiev wave there is an opportunity to not reinstall Capitalism but install socialism instead ?

>>464838
I like the materialist version with modes of production better.

>>464855
>Could we consider that after every kondratiev wave there is an opportunity to not reinstall Capitalism but install socialism instead ?

the reality is infact so absurd that people still use/install various spyware in their every day lives and no one cares

nobody sued government for 24/7 tracking but everyone screams in pain hearing the word stasi

the reality is very absurd so stupid shit works in it
and most people are okay with it
most people actually think reddit is funny and sophisticated, nobody picks healthy food over garbage, people watch stupid moeshit from american military base etc

capitalism just like monarchy can just become absolutely totaly fucked
monarchy today is as cool as a brick (and even then many people dream about it)

>>464879
You are too black-pilled.

The proprietary spy-ware that people have installed on their computer, i would see this like the virtual world not yet having caught up in terms of modes of production. Maybe a big part of the digital world is still in slave-society or feudal-society in terms of mode of production.

If you delete Windows/Macos and install Linux, you've reached at least the level of bourgeois revolution. I'm probably torturing the metaphor at this point and i haven't really thought it through what the socialist mode of production would be.

Plenty of people are still mad about mass surveillance and there are also people litigating against it. I just ate a salad and i had to look up what "moeshit" is.

>everyone screams in pain hearing the word stasi
I know anti-communist rhetoric is terrible, but it would be kinda funny if somebody took that stuff as an instruction manual, and unironically became a ruthlessly efficient revolutionary. I kinda want to make this into a plot for a story that makes a mockery out of capitalist ideology

>>464825
Recessions can just happen naturally of course.
But current recession creating policies are anti-worker. They're a means of cratering employment rates to reduce inflation by force because the actual levers causing inflation, like increased production costs and raw materials costs will remain elevated for some time longer.
The actual causes cannot be solved in a short time. So, they're going to crush demand to drop inflating the slightest amount and call that a win.

Asset price inflation does not necessarily cause goods price inflation on its own I'd also argue.
The rich buy the most assets, the poor buy the most goods. An increase in money pool for the rich that creates asset price inflation does not necessarily trickle down to the poor and cause a goods price inflation with it.