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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (36210)6/28/2008 8:34:09 AM
From: elmatador  Read Replies (1) | Respond to of 217654
 
Capacity to reform itself. Create purchase power to the worker.
Russia's oligarchies -relics of the communism era- do not have in their mindset the evolution western capitalism went through.

Ford notice Lenin's Theory and paid salaries that would allow workers to buy the product. The capitalists came to a point that they had capital accumulated without know what to do with it. They create credit systems to allow people to buy the products the oligarchies produce

Unless that accumulated capital would be spread more evenly, the profits could not be captured. That works as long as the people within the accumulating system are productive and creating profits.

Once the people inside the accumulating system are no longer creating profit the system collapses. As it collapsed in the past 15 years as only artificial profits were created.

New oligarchies are being created in India, Brazil, China, Peru, Mexico, Indonesia, Thailand and Russia as well. Those oligarchs are being funded by the capital seeking the workers that can produce profits.

The beauty of it is the mutation of capitalism as it engages new types of oligarchies it provides a blow back effect. As what is working in the periphery, is fed back to the centre to reform there.