Recessions, financial crashes and the like have been happening ever since Capitalism has been formed, as late as 1637 and since the industrial revolution to the expansion of the system worldwide, they have consistently happened on average once a decade.

Even just taking the post-war US

1948-1949

1953-1954

1957-1958

1960-1961

1969-1970

1973-1975

1980; 1981-1982

1990-1991

2001

2007-2009

2020

Both in times of Keynesian spending-driven capitalism and monetarist wage-braking capitalism. Not to mention how recessions were avoided in times of growth, such as the pre-Lehman Brothers speculatory bubble in real estate or the Biden administration throwing Europe to the wolves currently.

I'm not sure how they're going to eliminate the boom bust cycle when it's an inherent part of a capitalist economy. Turns out business owners don't like giving up their ability to squeeze the life from their employees and pay them the smallest amount possible when the only goal is profit and growth.

Trust me bro I just have to adjust the interest rates just right I’ll figure it out TRUST ME BRO

200 years of evidence and they still say the same shit.

Even if you could cure "demand-side recessions" this shit would still occur because capitalism has absolutely no central authority with which to mount a response whenever an unexpected crisis hits. Disasters happen. Big events that shake up the system happen. You can't cure these and you can't resolve capitalism's inability to respond adequately to them.

daily reminder that china hasn't had a recession in 45 years

its been over two centuries and they still haven't figured it out.

This literally sounds like Hexbear user sarcasm lmfao, they cant even pretend to be on top of things anymore

eventually

After centuries of massacring communists, socialists, trade unionists, child workers, foreign workers, anarchists, and even liberals who just want a dollar raise, they still couldn’t figure out how stop recurring crises?

Kevin spilled his Chili on accident. The bourgeoisie do it on purpose. This is insulting to Kevin.

Surely....

It will stop

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I always imagine/hope that after enough wrong predictions, the right will somehow realise that they're wrong and grow up. And I'm always disappointed.

He almost gets it. If capitalism didn't cause the problems it causes, we wouldn't complain about it. But also, if it didn't cause those problems, it wouldn't be capitalism.

demand-side recessions

what does that even mean