Conversation

Notices

1. Embed this notice
   Dan Neuman 🇨🇦 (dan613@ottawa.place)'s status on Friday, 04-Apr-2025 09:41:29 JST Dan Neuman 🇨🇦

   • Yogthos

   @yogthos It's the business cycle. Governments can, if they so choose, do much to diminish the impacts of the cycle. But too many people believe that businesses should be free to cause complete chaos in our lives every decade or so.

   • Embed this notice
     Yogthos (yogthos@social.marxist.network)'s status on Friday, 04-Apr-2025 09:41:28 JST Yogthos

     in reply to

     @dan613 meanwhile, notice how China hasn't had a single economic crisis since the revolution, and enjoyed steady economic growth this whole time

   • Embed this notice
     Yogthos (yogthos@social.marxist.network)'s status on Friday, 04-Apr-2025 09:41:29 JST Yogthos

     in reply to

     @dan613 amusingly, Engels identified this problem within capitalism over a century ago

     Ever since the beginning of this (19th) century, the condition of industry has constantly fluctuated between periods of prosperity and periods of crisis; nearly every five to seven years, a fresh crisis has intervened, always with the greatest hardship for workers, and always accompanied by general revolutionary stirrings and the direct peril to the whole existing order of things.

     https://www.marxists.org/archive/marx/works/1847/11/prin-com.htm

     Capitã Obvio repeated this.