No.101695
Capitalism is a stage of history. It didn’t exist untill feudalism was destroyed. And it won’t exist forever. For the rates of profit are falling. Prove me wrong, I dare you?
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No.101696
All profits become more normal as arbitrage opportunities are exploited. That we are approaching more normal profits with the passage of time is not just to be expected, it's a beneficial feature of a market exchange system.
>capitalism is a stage of history
>I give you this for that is just a phase
K.
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No.101702
>>101696
As companies compete the rate of profit is lowered. This is because profit comes from the difference in what the company pays the worker for making a good, and what the company makes by selling said good. In order to boost their profit a company might invest in automation. When this is done a company can sell their goods for much cheeper than normal. Generating large profits. However this is only temporary. As other competing companies adopt this new technology the price of production becomes very cheep. The only way companies can compete is by increasing their markitshare which is done by increasing production and cutting prices. This causes a crisis of overproduction causing the price of goods to become so low that production becomes unprofitable. This happened in 1929. And it will happen again.
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No.101704
>>101702
>a surprisingly coherent understanding of arbitrage, minus some retarded rhetoric about exploiting workers
This is vastly oversimplified but essentially correct.
>The only way companies can compete is by increasing their markitshare
Wrong.
>which is done by increasing production and cutting prices
Also wrong, there are many ways besides to increase market share.
>This causes a crisis of overproduction
And there it is, the jump from a partially correct if simplistic premise to an unsupported and unjustified conclusion. There's no such thing as a "crisis of overproduction."
>This happened in 1929
Wrong. What happened in 1929 was the end result of the Federal Reserve systematically lowering interest rates and expanding credit, making banks give out loans on based on wealth that did not in any real sense exist. The 1929 crash was the cluster of malinvestments created by this easy money normalizing, as mass defaults occurred. The next time you try to disprove the entirety of market exchange with a single graph, read up on interest rate theory and ABCT beforehand. And use the QTDDTOT to publish your oh-so-original findings instead of killing another thread.
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No.101705
I knew I should have kept up my "Take a point repeated thirty-million times and state the exact opposite" anti-socialist shitposting.
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No.101717
So I dunno, bring back feudalism, I dunno
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No.101720
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No.101730
Feudal = monarchy = fascism
feudal > everything else
feudal = ancap withing your own land but with loyalty to a king (monarchism)
everyone but me btfo
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No.101743
>>101704
intrest rates don’t explain long term decline in profitability of enterprises
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No.101747
>>101743
I didn't bring up interest rates to dissuade that non-argument, I brought them up to address your retardation about "crises of overproduction." Stop talking in circles, it's positively kike-ish. And once again, decline in profits is both expected in competitive markets and is a signal of healthy turnover in the economy. Suggesting that lowered profits is a signal of some greater decline is just asinine.
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No.101748
>>101747
>I brought them up to address your retardation about "crises of overproduction.”
The Crisis of overproduction is a real phenomina that does exist. As echnology improves the production of goods becomes cheeper, causing their price to fall. To make up for lost profits caused by falling prices competitors must make more goods, which further causes their price to decline. If you think this doesn’t exist talk to literally any farmer.
>>101747
>’its positively kike-ish.
>everyone who disagrees with me is a jew
At last I truly see
>>101747
>Suggesting that lowered profits is a signal of some greater decline is just asinine.
It isn’t, eventually profits will turn negative which will make investment impossible.
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No.101749
>>101748
Rewording one of your earlier posts with an appeal to emotion thrown on the end doesn't make it any more convincing. I won't ask for a response to my point as it's obvious you don't have one and never will. Declaring that profits will "turn negative" for no particular reason is also asinine.
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No.101761
>>101748
>The Crisis of overproduction is a real phenomina that does exist
I… do not believe you.
I'll grant that the process you describe does exist; it occurs even without the mechanism you describe, as someone will always be cheaper.
I do not, however, believe it is a crisis. Money is manufactured scarcity while stuff is wealth; as such, overproduction is GENERALLY the literal opposite of a crisis (though the sum of all possible cases is more complex; opportunity cost is not even remotely universally true, but is at least possible) - and the reduction or removal of money from economics is pretty much definitionally the exact opposite of crisis.
So, doesn't real, even though the process you describe does. ;)
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No.101762
Neo-{Blanktemplate}ism is a better life than Capitalism.
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No.101767
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No.101773
If the rate of profit has been decreasing over the decades, shouldn't we see a decrease in market index returns? Also, what is the source of that graph and how do they calculate rate of profit?
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No.101774
>>101748
>talk to literally any farmer.
I know farmers and they are not overproducing goods. They are in fact converting much of their land for solar panels (because of tax subsidies) and switching to crops that are profitable.
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