[zodium]

Originally Posted by Mblake81 [You must be logged in to view images. Log in or Register.]

I would say let it die but I know in my heart that you women will just bitch about something else, that is all you are good for.

Be some shit if it manages to hang around for 1,000 years and there are 1,000 little zodiums and the like running around.. grinding their collective dry vaginas on the pole.

Over time, perhaps many years, the rate of profit will thus tend to fall. As it does so, the capitalist system becomes more prone to crises. Companies may earn more or less than the average rate of profit, but, as the average drops, more of them come closer to making a loss. Even if their rate of profit is still positive, the amount of profit they make might be insufficient to provide them with the funds necessary to invest in the new technology they need to stay competitive.

There are two consequences of this long-term trend to lower profitability. One is that profit becomes a specifically capitalist barrier to improving productivity, or even to producing anything at all. What is produced is not determined by what society decides democratically or by what science is capable of engineering. It is only a question of whether an investment will make a profit, not a question of delivering what society needs with the resources it has available. This Marxist indictment of capitalism is more fundamental than those criticisms that focus on monopolistic barriers to production or on how the struggle for ownership and control of the world’s resources can lead to war.

The second consequence is that, as it becomes more difficult to generate a profit via capitalist production, ‘making money’ via finance begins to look like the easier option, particularly for those countries in a privileged position to take it. This was the context for the huge explosion of financial dealing from the 1980s, the seeds of which were sown in the 1970s as the world capitalist economy came under serious strain. The financial illusion of creating value out of nothing, particularly by extending credit, can work for a while. But when there is insufficient new value produced on which the illusion can feed, the world is then confronted with an increased burden of debts that cannot be repaid.