"Kondratieff Wave: Capitalist Winter always comes"

Posted by John on February 18, 2009 at 08:36:20:

The Sunday NY Times article of 2/15 dismisses once again the Kondratieff Wave Theory, sheepishly mentioned in Ivy League economic theory classes as cultish & cranky. Who cares? We know from experience that the basic insight is true: that Capitalism's boom, bust, repeat cycles are as inevitable as the seasons. And that now, once again, we working people are in the beginning of a long, deep winter, under a decaying system designed to keep us chained to insecurity, fear and irrationality. The question is not "Was Keynes or Kondratieff Right?". Its "Why not build a new system that works for the Twenty-First Century?".

70 years after Stalin had him executed for his critiques, today's Talking Heads are still debating what Marx and most thinkers of every century since the American Revolution warned about: the tragic results for the many when all power & wealth is accumulated in fewer & fewer hands and irrationality reigns. That's what every winter-bust cycle is all about. The important question is when will we say 'Enough is enough" and change course?

Listen. Obama knows the system but, like any true believer laced with brilliant self-delusion, hopes he can gain a greater glory by saving the system. But why should we go along with it? So we, those who do the work & create all the wealth & treasure of our society, can limp along til the next 'bust',the 'next
winter', the next inevitable collapse? I say, "Thanks,
but no thanks".

What the endless rounds of Talking Heads in the media & in the universities won't tackle is the stupidity of accepting such a system as inevitable and 'the best we can do'. The debate should not be about whether Kondratieff or Keynes had it right or wrong. It should be why accept a system so clearly grounded in self-destruction? Why protect a system that profits those few who own & control the economy & government, but leaves we the majority begging for crumbs?? Why not start now to put our energies into building a new society, a new economy and a real democracy as is discussed in this website? The time for Talking Heads and debate is so Twentieth Century. Its time for real change.

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