Another round of layoffs in the auto industry

[Psy]

So now that there is another round of layoffs in the auto industry I've been wondering if capitalism is starting to melt down. Cause it seems even before the capitalists can react the one crisis they have to deal with a even larger crisis, it is hard to think that three years ago capitalism was in comparison pretty stable and in this short time we had the financial sector start its melt down that the state still tries to save by printing more money to throw at them that seems as effective as trying to put a blazing inferno out with a water pistol.

Now the auto industry is starting to catch the after math of the collapse of the financial sector, if the auto industry fails you could probably kiss consumer confidence goodbye as it ripple thought markets like a cancer causing capitalists to bleed capital badly as markets crash down.

[The Advent of Anarchy]

We all knew this was coming. Capitalism contains the seeds of it's own destruction, and it's starting to CRUMBLE!
And when it is starting to crumble, we should get ready to RUMBLE!
Ah, it won't be long until the revolution of the people, but we first have to win the War on Information.

[BIG BROTHER]

I agree that capitalism is a system in decay, that sooner or later will crumble, but to be honest psy, it seems to me that you are being a little too positive. During the 1930's Stalin though that capitalism was about to crumble too and in the end it didn't.

[Psy]

I agree that capitalism is a system in decay, that sooner or later will crumble, but to be honest psy, it seems to me that you are being a little too positive. During the 1930's Stalin though that capitalism was about to crumble too and in the end it didn't.

The current crises makes the Great Depression look like a minor market correction. The injection of new capital is only a stop gap solution and it is only slowing the speed of the collapse. It is not a question of if capitalism will crumple, as it is crumpling right now, the question is to what extent it will collapse.

[BIG BROTHER]

The current crises makes the Great Depression look like a minor market correction. The injection of new capital is only a stop gap solution and it is only slowing the speed of the collapse. It is not a question of if capitalism will crumple, as it is crumpling right now, the question is to what extent it will collapse.

Are you serious? Do you have an idea of the high level of unemployment and poverty that existed during the depression era? If anything I would say its the other wy, the current crises compared to the great depression is nothing.

[Psy]

Are you serious? Do you have an idea of the high level of unemployment and poverty that existed during the depression era? If anything I would say its the other wy, the current crises compared to the great depression is nothing.

The capitalists don't care about employment rates, unless there is actually a shortage of workers. What I meant was this current crisis of capital is worse then the crisis of capital during the Great Depression.

In other words, try looking at the crisis from the point of view of the capitalists and not the proletariat. The capitalists are hurting more then during the great depression and eventually it will spread to the proletariat.