Capitalism's Fatal Flaw, and the Way Forward: February 2026

Part 01: Seldon on

Capitalism’s ‘Descendence Phase’ Series.

“Economics”

is Really

POLITICAL-

Economy:

¿What

Would Have

Happened
if the

‘Roosevelt

Faction’

Had

Prevailed?

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, Seldon’s commentaries on capitalism’s ‘descendence phase’, and its concrete transcendence.

This 1st text in this new such series is posted herewith, together with supporting text-images and diagrams [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].

“No force…has done more to shape the myths of [e.g., “Peak Oil”] scarcity, the myth of CO2 global warming danger from combustion of petroleum and coal, than the family Rockefeller, the founders, more than a century ago, of what became a global Anglo-American world oil cartel.”

– F. William Engdahl, A Century of War: Anglo-American Oil Politics and the New World Order, 2011 Edition, Author’s Introduction, p. iii, on what we call the Rocke-Nazi’s, debt-enslaving, ‘Global Dictatorship of Petroleum’.

Seldon –

“The causation of the post-1913 careening into the catastrophe of the global ‘descendence phase’ of the capitalist system; the dive into the vast, ongoing destruction of the ‘Hundred[+]-Years’ [of] War[s]’ ever since – by name, the technodepreciation-induced, productive-force-growth-induced fall of the general rate of profit on capital – is not a matter of economic mechanisms alone.”

“It is a matter of politics, or, more precisely, a matter of ‘POLITICAL-Economy’, as Marx would say, and of the mainly ideological, ‘psychē-ic’, psychohistorical “mechanisms” thereof.”

“It is a matter of the hideous response, by the prevailing faction of the capitalist ruling class, that we call ‘The Rockefeller Faction’, and of their – well hidden, in plain sight – ‘invisible dictatorship’.”

“First becoming enemies of “the growth of the social forces of production” [Marx], especially such growth in the “semi-periphery” of the geographical core of industrial capitalism in the U.K., France and the U.S., and striving, via two, consecutive, hyper-destructive “World Wars”, to de-industrialize Germany, aiming to throw Germany back into a low-productivity, low-productive-force exporter of agricultural and other extractive products – as the U.K. imperial ruling faction had earlier tried to do with “their” American colonies – and then graduating to funding industrialization-suppressing ‘servant-dictatorships’ all over the “semi-periphery”; their “Third World” of grinding poverty and famine that the Rockefeller Faction and their ‘servant-dictators’ imposed, and, finally, with the failure of that pogrom in the BRICS and elsewhere, this ‘Rocke-Nazi’ Faction has “graduated” to targeting the “95%” [per CNN founder, Ted Turner] “population reduction” of the human race, through their planned, and already dress-rehearsed, global germ warfare ‘designer disease’ pandemics, through ‘stealth humanocide’ via adulterated pseudo-foods, pseudo-vaccines and other, deadly-side-effects-cascading pseudo-medicines, and smuggled-in deadly/illegal drugs [e.g., fentanyl], and via “Federal Reserve” exponential inflation, followed by “Fed” interest-rate-inflation/-sudden-escalation-induced recessions and depressions, plus “Global Warming” Austerity, by hyper-inflating monthly household energy utility bills to the point of mass majority class homelessness, followed by concentration camp “protective custody” incarceration/extermination of “95%”* of the majority class.”

*[For more about this ‘Rocke-Nazi’ agenda, see –

Capitalism's Fatal Flaw, and the Way Forward: 'Rocke-Nazi' Plutocracy Publicly Proclaims Planned Planetary Population Plummeting. GLOBAL STRATEGIC HYPOTHESES.]

“Once this ‘Rocke-Nazi’ Faction had decapitated and overthrown the ‘Roosevelt Faction’, in the 1960s, with their whole-sale slaughter of the leadership of the ‘Roosevelt Faction’ – of John Kennedy, Martin Luther King Jr., and Robert Kennedy – plus that of hundreds of their followers besides – unreported in the Rockefeller-controlled mass media – the ‘Rocke-Nazis’ had all but free reign, to stealthily impose their many global, ‘humanocidal’ pogroms ever since, until the new Trump Faction of the capitalist ruling class rose to threaten the ‘Rocke-Nazis’ with a climactic overthrow, now underway, with now burgeoning and increasingly violent counter-action by the ‘Rocke-Nazis’.”

“For all of these reasons, it can be instructive to mentally simulate what would likely have happened had the Kennedys’ inheritance of ‘The Roosevelt Faction’, and of the movements led by Dr. Martin Luther King, prevailed against the ‘Rocke-Nazis’.”

“As we see it, what would likely have happened is, in broad outlines, the following.”

“1. The geographical periphery of the ‘capitalist geo-core’ would have rapidly industrialized. Rooseveltian programs like John Kennedy’s “Alliance for Progress” would have likely helped mightily to overcome the fetters – in, e.g., Latin America, and, by their extension, in other parts of the “Global South” – against that industrialized growth of the social forces of production there. John Kennedy’s Space Program would have continued to accelerate advanced technological progress in the U.S. and the rest of the capitalist ‘geo-core’. Fusion power, stalled in its development by every Rockefeller means in what actually transpired, would have likely emerged early in this alternative history.”

“2. The owners of legacy, hyper-concentrated industrial and banking capital would have been overthrown, economically, from their stranglehold on political power, due to the ‘‘‘techno-depreciation’’’ ‘de-profit-ization’ of their obsolescent fixed capital plant and equipment.”

“3. With rapidly-advancing productivity/productive-force, the wages and salaries of the majority class in the geo-core would have risen steadily, and would have gradually-risen in the industrializing geo-periphery of capitalism as well.”

“4. The pseudo-Marxian, ‘Lenino-Stalinoids’ of the “Second World” would not have been able to hold-out in suppressing their peoples under a parasitic, vampiric state-bureaucratic ruling class, in view of the rapid social progress in the ‘geo-core’ and in the rest of the, rapidly-industrializing, ‘geo-periphery’. Thus, the Leninist police states would likely have succumbed long before 1989.”

“5. With advancing wages, the advancing ‘technical composition of labor, and the overthrow of the ‘Rocke-Nazis’ “divide-and-conquer” ideology-engineering “industry”, electoral, political power would have shifted markedly to the majority, working class. The working class would then be in a position, and feel the need, for deep reforms of capitalism, such as the ‘Equitist’ reforms that we have proposed, amounting to a peaceful, rule-of-law-based, electoral transformation of the “social relations of production” [Marx], beyond the “capital-relation” [Marx].”

“6. The time would have come to be able to implement Marx’s prescriptions for the transition to from capitalist plutocracy power, to majority class electoral power, in the advancing industrial nation-states that had adopted universal adult suffrage –

“When Marx and Engels participated, personally and signally, in the European continent-wide revolutionary uprisings of 1848, Europe was ruled largely by violently-repressive monarchical police states. Marx and Engels thus saw no way forward for humanity’s evolution other than by way of violent revolution. But the progress of capitalist representative democracy during Marx’s lifetime led him later to revise his views regarding the necessity of violent revolution for the supercession of capitalism --

“Someday the worker must seize political power in order to build up the new organization of labor; he must overthrow the old politics which sustain the old institutions, if he is not to lose Heaven on Earth, like the old Christians who neglected and despised politics. But we have not asserted that the ways to achieve that goal are everywhere the same. You know that the institutions, mores, and traditions of various countries must be taken into consideration, and we do not deny that there are countries – such as America, England, and if I were more familiar with your institutions, I would perhaps also add Holland – where the workers can attain their goal by peaceful means.” [Marx, 8 Sep. 1872, Amsterdam, Address after the Fifth Congress of the International Working Men’s Association [“First International”]].”

“The key to the “institutions, mores, and traditions” that make possible a relatively peaceful transition to what we name ‘political-economic democracy’ is, according to Marx, the advancement of capitalist representative democracy to the point of universal suffrage -- to the right of the “propertyless” [e.g., ‘capital-less’] working-class majority to vote in national and local elections: “...the first step in the revolution by the working class, is to raise the proletariat to the position of ruling class, to win the battle of democracy.” [Marx and Engels, 1848, The Communist Manifesto]; “But universal suffrage is the equivalent of political power for the working class of England, where the proletariat forms the large majority of the population, where, in a long though underground civil war, it has gained a clear consciousness of its position as a class, and where even the rural districts know no longer any peasants, but only landlords, industrial capitalists (farmers) and hired labourers. The carrying of universal suffrage in England would therefore be a far more socialistic measure than anything which has been honoured with that name on the continent. Its inevitable result, here, is political supremacy of the working class.” [Marx, 1852, commenting on the Chartist movement].

“7. To blunt the devastating impact of ‘technodepreciation-driven, growth-of-the-productive-forces-driven profit-rate-fall’ on legacy industrial and banking capitalists, due to competition from new industries in the ‘geo-periphery’, as well as from innovative upstarts in the original ‘geo-core’ of capitalism itself, risk-management programs of national-state provided, and partially state-subsidized, ‘techno-depreciation insurance’ policies might be legislated, with the full consent of the majority class. However, these ‘techno-depreciation insurance’ programs would be unfair to the majority-class/majority-electorate if their premiums and/or subsidies were to be paid-for primarily by income taxes on the wages and salaries and other incomes of that majority class, and not, primarily, by the insurance premiums paid-for by the capitalists directly benefitting from those insurances.”

For more information regarding these Seldonian insights, and to read and/or download, free of charge, PDFs and/or JPGs of Foundation books, other texts, and images, please see:

www.dialectics.info

and

https://independent.academia.edu/KarlSeldon

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: