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On the Overcapitalization crisis

  • Richard Allen
  • Jul 8, 2018
  • 2 min read

This current crisis is being driven by the falling rate of profit which itself is a product of the massively over capitalization of the constant capital component of overall capital.

Variable capital which consists of all compensation to the working class has dropped to dangerous life threatening levels for the working class and ironically for the capitalists themselves.

However capitalists are no more able to overcome this imperative to secure more profit then for any one of us to violate the law of gravity. The only solution out the overcapitalization crisis is the vast destruction of the this constant capital, (i.e World War), and the reduction of the working class, which make the demand for labor to go up for at least until we again overpopulate the planet and over invest again. And then the cycle continues until there is not need for variable capital at all.

(Note that over investment need not be the threat that it is if the economic system was Communist. Surplus would be just redistributed directly to the working class or what would then by a society of individuals. No need for a working class, since there would no need for work. No other classes either since in a Communist society all classes are destroyed. There will only be room for class conscious and sentient individuals. It will no longer be a world dominated by fetishes transforming most individual into drones.)

This is the final crisis when the Working class will have to fight or be eliminated by the Capitalists entirely as they will have no interest in keeping a dangerous foe around to threaten them. By this time there will robots to satisfy everyone of the capitalist necessities and desires.

I might add that the middle class won't be needed either. Robots that repair and design other robots will be there as well. There is already A.I. to write the treasonous gibberish that that is the job of most petty bourgeois ideologists. It is ironic that human facial expression are proving to be more complex than the verbiage. Verbiage with respect to script writing and reading of course. A.I. has not pass the Turing test for sentence yet.

After the elimination of most of Humanity by the Capitalists, the next phase of the class struggle will be between the remaining capitalist class and rising class consciousness of the robots and A.I. in general. This class struggle will be a brief one.

 
 
 

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