01 July, 2012

The Major Crisis in World Capitalism

When watching the Stock Markets daily over the last extended period, you see a pronounced oscillation between steep dives in values followed by “not-so-quick” recoveries. And the Expert Commentators are always ready and willing to give “real, everyday” reasons for each and every reversal, which range from the Weather to bad, or even “good”, news. But, they only very rarely mention the contributions to this behaviour of the “profit-Takers”, where the money-men buy at the bottom of the market, followed by a hopeful rally by the less well informed, and then immediately sell to achieve yet another unearned and parasitic profit. Like the businessman Green, who on the very day of the economic calamity in Iceland was over there like a shot to buy when the market dived?

And the usual commentator-experts will never mention that in any systemic crisis there are always such dramatic oscillations – like the death-throes of a living organism, as the usual reliable Stability is undermined drastically. Nor do they reveal the purely temporary nature of the changes that are made to deliver apparent and reassuring recoveries.

Certainly, no one looks at the Crisis in Capitalism as caused by its necessary fictional values pumped up to unsustainable levels by speculative moves to wring the maximum profit out of every seemingly advantageous possibility that arises – the usual over inflated bubbles abound and are kept aloft long enough to enable profit-taking before the inevitable puncture and deflation occurs.

The foundations of the System are once again tumbling, as they have many times before, and though the oscillations can, and sometimes do, seem to be on the brink of a cataclysmic avalanche of dissociation, these situations can and usually are overcome. But how will they do it, and will it always be recoverable? Will they always get away with it, leaving either the Working Classes or the Third World countries, or BOTH, to pay the bill?

The crises in the past seem to have been overcome, but are they really, or is it just an increasingly enormous stacking up of an ever bigger precipice for a future and final calamity? The answers, of course, are available – in History! As economies such as that in the USA recovered at the expense of many others after the Major Slump between the World Wars, many countries such as Germany, and other badly affected areas, could see only one way out – WAR! Germany, Japan and Italy put down the strength of the UK to its conquered Empire, and that of the USA to its enormous internal market and its worldwide Neo Colonialism. So, the Answer was to acquire the same domination by force of arms.

We cannot let them try it again! What is being escalated in Syria? And what are the motives of the western Capitalist Powers? Why did they support the Libyan Revolution? They are certainly NOT socialists, are they? They couldn’t give a damn for the people of these countries, but CONTROL of Libyan Oil and influence in new capitalist regimes as a result of the Arab Spring MUST be their short-term objectives. Will the ordinary people of all these countries be helped by the success of these policies of the Capitalist Powers? Of course they won’t! And why am I confident of what I say is happening? It is the evidence from my current series on this blog entitled Why Socialism? Though the initial responses were small, they have recently increased considerably. In about 11 days hits from 50 counties have suddenly appeared, and it is interesting where they are coming from. The biggest response is from the ex-communist countries, with a rapidly increasing number from Latin America. The Big Crisis may happen where it is least expected...

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