Capitalism will eat itself

[bluetrot]

Marx's prediction of continuous boom and bust under capitalism has been proven. The last boom was fueled by large amounts of consumer credit, which delayed the onset of the inevitable recession, has only made the inevitable bust deeper. The ticking bomb has exploded.
This is the inevitable future of capitalism, the booms will be shorter, and the recessions will get longer.
This does not make revolution inevitable, it means, however, that revolutionary situations will arise, and that unless there are good, revolutionary, socialists to take advantage of these, and lead these struggles. Capitalists, government leaders, etc, are going to be more oppressive, lead us into more wars in third world to win the last natural resources, and world markets for themselves.

[JimmyJazz]

OM NOM NOM NOM

http://i215.photobucket.com/albums/cc101/vtm20002000/nada.jpg

[Pogue]

Marx's prediction of continuous boom and bust under capitalism has been proven. The last boom was fueled by large amounts of consumer credit, which delayed the onset of the inevitable recession, has only made the inevitable bust deeper. The ticking bomb has exploded.
This is the inevitable future of capitalism, the booms will be shorter, and the recessions will get longer.
This does not make revolution inevitable, it means, however, that revolutionary situations will arise, and that unless there are good, revolutionary, socialists to take advantage of these, and lead these struggles. Capitalists, government leaders, etc, are going to be more oppressive, lead us into more wars in third world to win the last natural resources, and world markets for themselves.

k thx

[bluetrot]

The point is, despite the fact that capitalism will,inevitably destroy itself it is up to us to make a better world. They will try to defend their power in whatever way they can.

[Qwerty Dvorak]

Marx's prediction of continuous boom and bust under capitalism has been proven. The last boom was fueled by large amounts of consumer credit, which delayed the onset of the inevitable recession, has only made the inevitable bust deeper. The ticking bomb has exploded.
This is the inevitable future of capitalism, the booms will be shorter, and the recessions will get longer.
This does not make revolution inevitable, it means, however, that revolutionary situations will arise, and that unless there are good, revolutionary, socialists to take advantage of these, and lead these struggles. Capitalists, government leaders, etc, are going to be more oppressive, lead us into more wars in third world to win the last natural resources, and world markets for themselves.
But didn't you just admit that the boom was longer? So how can you support the claim that booms are getting shorter?

[bluetrot]

But didn't you just admit that the boom was longer? So how can you support the claim that booms are getting shorter?
Because it was artificially sustained by shitloads of credit, which is the reason financial capital was the first to suffer.

[Socialist Scum]

No idea why they are posting shit responses, but then again mines about to be no better.

You have a valid point now, the people won't stand for the same system being used again, so fragile and when it busts, it busts like hell. They are talking about a "New Capitalism", yes, that is called Socialism. Or, no capitalism.

[mykittyhasaboner]

I don't think capitalism will "eat it self", I see the working class eating the capitalists as a more plausible solution. :)

Seriously though, capitalism will probably adapt to whatever comes its way, as it has done for some time now.

[Bilan]

Capitalism doesn't 'destroy' itself.
It, has history has so eloquently demonstrated, is quite successful insustaining itself.
The end of capitalism will be a conscious action, not one of self-destruction.
It doesn't necessarily mean it will end in socialism, though.
"Socialism or barbarism" is the result of capitalism in decline.

[Skin_HeadBanger]

http://i215.photobucket.com/albums/cc101/vtm20002000/nada.jpgmmmmmmmmm.... me.

d'OH!

[OneNamedNameLess]

I think we have a major problem. That problem is simply that the working classes don't seem to know what the fuck capitalism is. I have encountered few working class people who have developed class consciousness. Here in the UK the majority of the working class seem content with their position and acquiesce with the capitalist economy through consumerism. Instead of seeking an alternative to capitalism, the masses see Labour as the problem, despite the dire situation worldwide, and look to the Conservatives as the answer. I don't know about elsewhere, but here our cause is not getting stronger.

[Killfacer]

Capitalism doesn't 'destroy' itself.
It, has history has so eloquently demonstrated, is quite successful insustaining itself.
The end of capitalism will be a conscious action, not one of self-destruction.
It doesn't necessarily mean it will end in socialism, though.
"Socialism or barbarism" is the result of capitalism in decline.

Whats this "barbarism" you speak of? Is it just some made up bogey man or is it actually a theory of what could happen should capitalism fail and socialism not fill the vacuum?

[TheCultofAbeLincoln]

Whats this "barbarism" you speak of? Is it just some made up bogey man or is it actually a theory of what could happen should capitalism fail and socialism not fill the vacuum?

I believe he's implying fascism.

Which, I believe, will be America's choice should we enter a major fall. Of course, nobody will call it barbaric compared to the anarchy the majority will feel rescued from. And if they do, well, they'll get themselves shot.

[spice756]

I think we have a major problem. That problem is simply that the working classes don't seem to know what the fuck capitalism is. I have encountered few working class people who have developed class consciousness. Here in the UK the majority of the working class seem content with their position and acquiesce with the capitalist economy through consumerism. Instead of seeking an alternative to capitalism, the masses see Labour as the problem, despite the dire situation worldwide, and look to the Conservatives as the answer. I don't know about elsewhere, but here our cause is not getting stronger.


Why because they think socialism and social programs are messing the country up.And a free-mark and less social programs will fix it.And less tax money so vote conservative.

They believe the left is no good and the conservative will fix the problem.They hate the bailout and talk of money to car makers and saying this is socialism .

They hate social programs and state run stuff.

[bluetrot]

I did add that I believe that end of capitalism is not inevitable, otherwise opposition to capitalism would be pointless. No power in history has given up the baton voluntarily. They will and, probably already have, used a combination of state socialism, and repression to stay in power.

[bluetrot]

We are not just fighting against a system, we are fighting against a class. The only way we can beat that class is by revolution. The ruling class will use features of socialism, to stay in power, in much the same way that it has used features of the old system, ie monarchy, to stay in power.

[piet11111]

I think we have a major problem. That problem is simply that the working classes don't seem to know what the fuck capitalism is. I have encountered few working class people who have developed class consciousness. Here in the UK the majority of the working class seem content with their position and acquiesce with the capitalist economy through consumerism. Instead of seeking an alternative to capitalism, the masses see Labour as the problem, despite the dire situation worldwide, and look to the Conservatives as the answer. I don't know about elsewhere, but here our cause is not getting stronger.

fortunately class consciousness does not need to grow like a tree over a long period of time.
its more like an idea that all of a sudden makes sense and all else falls into place that was how it was to me and how it will be for countless others.

at my workplace people are often discussing the crisis and i always put in a communist perspective and at first i was argued against then met with silence and currently i am seeing nodding heads and even questions for more details.
so where i am i feel like i am making progress in creating class consciousness in my fellow workers.

[Skin_HeadBanger]

We are not just fighting against a system, we are fighting against a class. The only way we can beat that class is by revolution. The ruling class will use features of socialism, to stay in power, in much the same way that it has used features of the old system, ie monarchy, to stay in power.


agreed, they will do just about anything to stay in their spots while keeping us in ours.

[Phalanx]

Well, I think it's fully possible that humanity could eat itself, especially if the world lives at such an obscene standard as America. I'd recommend Collapse by Jared Diamond.

[534634634265]

i find it most likely that as the world economy deteriorates and peoples quality of life begins to suffer there will be conflict. the people in charge will not want to lose their power, and will paint the future either in blindly optimistic terms to keep themselves popular, or bleak and terrifying terms to keep people scared. they will either remain in power, enacting reform after reform and change after change, or they will be ousted by someone better at painting pictures to the masses. i think the future will be a series of decline and plateau, until we reach equilibrium. people will continue to demand more equality and more sustainability, and capitalist, statist, or authoritarian ideals will gradually fall more and more into decline. as our ability to mass-produce declines, hopefully a greater emphasis on artistry and individuality will come to be predominant. people who create things will regain a real value, as producing a quality product as opposed to a cheap product becomes the new standard. hopefully, as technological dependence fades people will develop more (and higher quality) personal relations with one another and our many social and psychological ailments will become less prevalent (see my addiction post?). i see infant mortality rates and rates of treatable disease deaths climbing, though this will eventually slow and also reach equilibrium. the rate at which the world as a system reaches equilibrium, the rate at which the population does so, the amount of suffering and death required to reach it, these are all things we can and should be focused on affecting positively. i remain scared, but hopeful.