Capitalism's Fatal Flaw, and the Way Forward: Part 05: Marxian Theory Series. The Significance of Marx’s Profit-Rate “Law” – ‘DescendEnce-Phase’ Capitalism’s ‘Hundred Years’ Wars’. GLOBAL STRATEGIC HYPOTHESES.

Thursday, July 18, 2024

Part 05: Marxian Theory Series. The Significance of Marx’s Profit-Rate “Law” – ‘DescendEnce-Phase’ Capitalism’s ‘Hundred Years’ Wars’. GLOBAL STRATEGIC HYPOTHESES.

Part 05: Marxian Theory Series.

The Significance of Marx’s

Profit-Rate “Law” –

‘Descendence-Phase’ Capitalism’s

‘Hundred Years’ Wars’.

GLOBAL STRATEGIC HYPOTHESES.

Dear Reader,

It is my pleasure, and my honor, as an elected member of the Foundation Encyclopedia Dialectica [F.E.D.] General Council, and as a voting member of F.E.D., to share, with you, from time to time, as they are approved for public release by the F.E.D. General Council, Encyclopedia Dialectica definitions ‘of the key themes of Seldonian Theory.

The 5th text in this new such series is posted both below [Some E.D. standard edits have been applied, in the version presented below, by the editors of the F.E.D. Special Council for the Encyclopedia, to the direct transcript of our co-founder’s discourse].

Seldon –

“When the capital-value denominators swell enough with their ‘pseudo-capital’ ‘‘‘elephantiasis’’’, across the economic landscape, and the profit-rate therefore falls, the capitalist system convulses in “downturns”, “recessions”, and even “depressions”.”

“These human disasters persist, until they have wrung-out enough capital-value – real and pseudo alike – to shrink the capital-value denominators enough that the profit-rate rises again, sufficiently to motivate a re-starting of human-social reproduction.”

“Conceptually, if the growth of human-societal [re]productive force attains such a level that prosperity for all potentiates, and that the rate of profit collapses, then capitalism collapses.”

“It is the recurrently, aperiodically actualizing tendency of the general rate of profit to fall, and its myriad consequences, that has shaped, and ‘catastrophized’, human history, throughout the entire duration of the ‘descendence phase’ of the capitalist system, from the ~1870s+ “Great Deflation” to the present, and that has made the 20th Century+ the most violent and destructive period in human history.”

“The ‘ascendence-phase’ of the capitalist system gave us “The Hundred Years’ Peace”, from ~1814 to the 1913 Federal Reserve Act in the U.S., and the 1914 outbreak of World War I – albeit this period was punctuated by outbreaks of ‘intra-national’ violence, like the U.S. Civil War, and the extermination of the Paris Commune, that verged on international conflict.

“The ‘descendence phase’ of this system is giving us ‘The Hundred Years’+ Wars’, and is now threatening the nuclear holocaust self-extinction of the human species.”

For more information regarding these Seldonian insights, please see --

www.dialectics.info

For partially pictographical, ‘poster-ized’ visualizations of many of these Seldonian insights -- specimens of ‘dialectical art’ – as well as dialectically-illustrated books published by the F.E.D. Press, see –