Two Solutions To The Crisis

Opinion (JPGazeta): “The current crisis of the world economic system is not tractable within the limits of the existing wealth distribution model …

“The fundamental contradiction that lies at the basis of most of today’s problems in the world economy is the contradiction associated with the growth of productivity of labor.

“It consists here in that: with growth in labor productivity fewer and fewer people are needed to produce enough to meet all the needs of the population with the quantity of natural products. But … this inevitably leads to growing unemployment. That is, the number of people who need the product grows, but you can not make a profit from them.

“The number of unemployed ‘extra’ people is growing like an avalanche, resulting in growth in labor productivity that leads to increased social stratification and, paradoxically at first sight, an increase in the number of poor …

“All the ‘market’ economic schools and theories try to solve this fundamental problem by stimulating consumption through consumer loans… .

“We are in a situation where, and the means of production, and goods and money, which can buy these products, are concentrated in the hands of the ultra-low number of super-rich people. And because they themselves have nothing to sell but their consumption is completely closed…, the driver for the growth in production arise from nowhere, and the global economy stagnates predictably. …

“I’m not inventing anything here, everything is perfectly predicted and described by Comrade Karl Marx in his Capital more than a hundred years ago.”

My Comment: ““The current crisis of the world economic system is not tractable [manageable] within the limits of the existing wealth distribution model …” A more unified system has to emerge. There are two ways to bring about change: through awareness and reform (Achishena – I shall hasten it) or through conflict (Beito – in its time). The changes are inevitable, we can only choose the path, short and easy or long and painful, but not the outcome!
[196775]