There has been many attempts to theorize the crisis of 2008, the deepest crisis since the Depression, at best been inconclusive and should not be all that surprising. After all, as we all probably noted in the late 1980s, a half-century after the Great Depression there was not yet any general agreement on the causes of that economic collapse. But why is it so hard to get a reasonable explanation to this?
One reason that the great crises of capitalism are so hard to clearly explicate is that every one is in fact “special.” The present crisis is only the fourth such crisis (the others being in the 1880s, 1930s, and 1970s) in some 150 years. This means each has occurred in a historically distinct era. The world of the late nineteenth century or the 1930s is radically different from the world of today in terms of the development of the corporate form, the nature of finance, the organizational capacity of workers, the role of the state. Though the backdrop of these crises is the common dynamics of capitalism (competition, class conflict, uneven technological development, the volatility of finance, etc.) Also the corporate greed is way stronger and their grip around the workers has tightened.
One solution could be to build for the long-term.
The underlying challenge is to build the working-class into a social force that can lead social change. This cannot happen overnight but it can be started now. Protests and resistance are a beginning, but what this means is creating the kinds of organizations that support actions in the workplace and in the streets, that facilitate educating ourselves and clarifying our goals, bring new people into the struggle, strategic collectively, learn from both defeats and partial victories, invent an alternative solidarity culture, and come to see that the problem we face is not just the threat of stagnation, but the nature of capitalism even when it is “prospering.”
In recent months, central bankers from several Western nations met in Jackson Hole, Wyoming USA and issued a common plea to their respective governments: “Help”
The message should have resonated much louder and further than it did, but its importance was lost on an illiterate mainstream media and a distracted public. What central bankers from the United States, Japan and Europe were really saying is that they’ve run out of ideas about how to lift their respective economies out of their cycle of low-to-no growth. And this is a very specific problem with capitalism.
In short, nothing they have tried over the past several years since the Great Recession has worked to stimulate and grow their economies. If the people who are supposed to be the best economic minds on the planet don’t know what else to do, then you can be sure that a collapse is already on its way. The only question now is when it will hit.
When it does, Americans in particular will face a series of crises that most of us will be unable to mitigate, though those of us who have spent the past few years preparing will be better off than most.
In no particular order, the crises all of us will face are:
— Widespread hunger: Most Americans never think about going hungry because a) there are supermarkets all over the place, and b) even if you don’t have a job the government will provide you with the means to purchase food, via tax-supported entitlement programs. But what most don’t realize is that food logistic chains in the U.S. are so fragile that no U.S. city will be able to feed its population in the event of a collapse. Hunger will lead scores to raid store shelves, emptying them in a matter of minutes. After that, the only food that will be available to anyone who has not stocked up on long-term storable foods or who has no ability to grow some will be whatever is trucked in by the government. And since the economic collapse will be nationwide, the government’s ability to distribute food will be maxed out immediately.
— Sporadic public services: In a collapse situation, expect widespread looting and rioting – which will also put a major strain on available public services, including fire, EMS and police. Anyone who does not have the ability to protect and defend themselves will be at greater risk, and that is likely to be most people, especially those living in large gun-free zones called American cities. Healthcare services will also be heavily strained, if they don’t collapse outright.
— Social unrest, widespread unemployment, chaos: An economic collapse will mean that, overnight, unemployment will skyrocket, reaching 50, 60, 70 percent or higher. This will only add to the panic and social chaos and unrest, as tens of millions of Americans take to the streets as a means of trying to support themselves and their families. Regular employment will take months or even years to return, as millions of small, medium and large businesses go bust. The only “economy” that will emerge in the short- to mid-term is a barter economy, so it’s best now to begin collecting items that are very useful to barter.
— Transportation: With little to no money to spend, Americans won’t be able to afford gasoline for their vehicles. Companies won’t be able to buy fuel for their transport services, and public transportation will also likely collapse because cities will devolve into war zones. Having alternative forms of transportation – like gas-sipping motorcycles and scooters, or even bicycles – will be a major benefit to you.
— Housing woes: This might actually be the least of your worries. If the economy goes belly up and you lose your job, the bank may come after your house, or it may not. In 2007/8 during the height of the Great Recession, foreclosures skyrocketed, a phenomenon that went on for years afterwards. But a great collapse will lead to far more loan defaults than what took place then. What will banks do with so much excess property on their hands? They won’t be able to sell it, so it’s possible they won’t act to foreclose on it. But if they do, you’re going to need to find somewhere to go.
I’ve said it many times before, and ill say it again: We need a new system free of all the old jewish control systems. We need a new system that is built for all of us humans, and not only for the greedy wealthy filth that currently controls us all.