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Tuesday, February 6, 2018

Senile capitalism stil has many happy days left ?

Global markets plunge as Dow records biggest ever one-day point fall

These erratic swings in the stock market ( always with a disconnect, so they say, with the " real " economy ) are like successive ,less than fatal strokes, in an elderly, senile patient. The good, charlatan doctors assure the wealthy family that the old man has many happy days left.

       As much as I would like to see it , these on the edge views of the future Abyss just hint at Great Depression possibilities. I recall the Great Crash of 1987. A few years later - after the collapse of the Stalinist Soviet Union- we witness more capitalist triumphalism.

          Only a CONSCIOUS mass movement can end capitalist rule, and the tyranny of the " Blind idiot god " ( H.P. Lovecraft's Azithoth ) over the " Free Market ". Free Market worship is the reigning religion in the American upper class today. Alan Greenspan said he was inspired by that infamous " objectivist ", Ayn Rand, author of " The Virtue of Selfishness ".

          Great socialist leaders did predict another alternative fate for humanity: the collapse of civilization. A high tech Dark Age perhaps ?

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Ron