Difference between revisions of "Crisis of the capitalism"
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==Description:== | ==Description:== | ||
The | The Crisis in Capitalism relates to the poor distibution of the wealth. Capitalist relations of production come to serve as a brake on the development of the productive forces, in which capitalism has become a fully regressive mode of production | ||
==Enablers:== | ==Enablers:== | ||
- The lack of food in some countries while others have surplus; | |||
- The success of capitalism over communism with the dissolution of the Soviet Union; | |||
- This apparent contradiction between restrained productive capacity and current overproduction. | |||
==Inhibitors:== | ==Inhibitors:== | ||
- Distribution of the wealth amongst those who do not have it. For example charity work by wealthier people | |||
==Paradigms:== | ==Paradigms:== | ||
The tendency toward overproduction in capitalism does indeed lead to the squandering and destruction of the productive forces. Why? In the capitalist system, contrary to previous modes of production, supply precedes demand. Its productive capacities and output are driven forward by the competitive drive for profit inherent in generalised commodity production, rather than by the growth of, and capacity for, consumption. As a result modern capitalism has led to a plethora of crises since its inception, regularly overflowing the limits of the market for its products, and leading to bankruptcies, unemployment, unsold goods, stagnation and decline in production. “Society suddenly finds itself put back into a state of momentary barbarism; it appears as if a famine, a universal war of devastation had cut off the supply of every means of subsistence; industry and commerce seem to be destroyed; and why? Because there is too much civilisation, too much means of subsistence, too much industry, too much commerce". Marx and Engels, Communist Manifesto. | |||
==Experts:== | ==Experts:== | ||
Marx and Engels, Communist Manifesto | |||
==Timing:== | ==Timing:== | ||
I cannot put specific dates to this driving force although I do not belive that the crisis in the Capitalist regime will end until the United States loses its currency power. If the standard for currency in the world is changed to another currency other than the US Dollar , the world can see a change of its powers. While the world continues in this imbalance of power capitalism will suffer. | |||
==Web Resources:== | ==Web Resources:== | ||
Latest revision as of 09:47, 19 August 2010
Here is a template to upload driving forces.
Description:
The Crisis in Capitalism relates to the poor distibution of the wealth. Capitalist relations of production come to serve as a brake on the development of the productive forces, in which capitalism has become a fully regressive mode of production
Enablers:
- The lack of food in some countries while others have surplus;
- The success of capitalism over communism with the dissolution of the Soviet Union;
- This apparent contradiction between restrained productive capacity and current overproduction.
Inhibitors:
- Distribution of the wealth amongst those who do not have it. For example charity work by wealthier people
Paradigms:
The tendency toward overproduction in capitalism does indeed lead to the squandering and destruction of the productive forces. Why? In the capitalist system, contrary to previous modes of production, supply precedes demand. Its productive capacities and output are driven forward by the competitive drive for profit inherent in generalised commodity production, rather than by the growth of, and capacity for, consumption. As a result modern capitalism has led to a plethora of crises since its inception, regularly overflowing the limits of the market for its products, and leading to bankruptcies, unemployment, unsold goods, stagnation and decline in production. “Society suddenly finds itself put back into a state of momentary barbarism; it appears as if a famine, a universal war of devastation had cut off the supply of every means of subsistence; industry and commerce seem to be destroyed; and why? Because there is too much civilisation, too much means of subsistence, too much industry, too much commerce". Marx and Engels, Communist Manifesto.
Experts:
Marx and Engels, Communist Manifesto
Timing:
I cannot put specific dates to this driving force although I do not belive that the crisis in the Capitalist regime will end until the United States loses its currency power. If the standard for currency in the world is changed to another currency other than the US Dollar , the world can see a change of its powers. While the world continues in this imbalance of power capitalism will suffer.