Psycho-Historical Law of Modern Human History Science & Society Forum Participants, Hypothesis: Brief Summary of the "Psycho-Historical Law" of the History of Modern Society as a predictable stage in the self-alienated self-development of the Human Phenome / Genome -- [The primary driver of the trajectory of a [self-]global[izing] capital-relation-based human-social system is the "self-duality" of capital as "self-expanding value" versus capital as "self-contracting value", and the mutually-determined shift in the balance of these two contrary, mutually-engendering processes as the capital-praxis of humanity develops itself. . .] Competitive capitalism is inherently unstable. Competition leads to the negation of competition. Some competitors succeed, most fail. The succeeding competitors swallow up the assets of the failing competitors. As a result, the concentration of economic power grows, in the hands of the successful competitors. [Capital as "Self-Expanding Value": Profits reinvested especially in new, more cost-effective, more productive "capital equipment"] -- But, as the mass of profit-productivity-enhancing fixed capital grows relative to the mass of circulating capital, the vulnerability of the concentrated owners of capital to devastating competition from "upstart" new entrants, employing less costly and/or more productive fixed capital, grows apace. [Capital as "Self-Contracting Value" w.r.t. past, obsolete fixed-capital value] -- The concentrated capital owners can be forced, by such competition, to retire their thus obsolete fixed capital at a loss, long before its full-physical-life-time-use "full amortization" would have paid for it with profit-returns, AND while they still owe debt-service on the loans they took out to purchase that now-worthless fixed capital, perhaps having to pay that debt-service for many years still to come, while also having to take out NEW loans on the NEW, replacement fixed-capital, that is competitive with the "upstart" new entrant's more advanced fixed capital. The compounding of debt-service payment expenses on fixed capital no longer in use, and thus no longer generating any revenue "coverage" of its own debt-service costs, combined with the continual writing-off of fixed capital "obsoleted" in this way, once the value of fixed capital has become a large or even a predominant portion of total capital, can induce a secular decline in the net rate of profit return on investment for core concentrate capital. Later, this capital-return-rate decline is "socialized" -- converted into inflation losses to the public [i.e., mainly, to losses to the working class -- to the buying power of their wages and savings], via "Central Bank" fractional reserve monetary systems [fiat debt-money-creation systems], designed for that purpose by the core plutocracy. As a result, the owners of concentrated, core capital move massively to destroy such "upstart", new entrant, new technology based competition, both from entrepreneurs in the industrial capitalist core countries, and from other countries, outside that core, that have the potential to industrialize -- a potential that they seek to crush by the setting up of progress-suppressing comprador servant dictatorships throughout the yet-to-industrialize peripheries of the core capitalist countries. The successful competitors, the core concentrated capital owners, have sufficient capital-profit-funds, and other forms of power, to begin "buying-out" the national states of the core -- legislature, executive, and judiciary. They leverage their prostitution of these governments to destroy real competition, arranging corporate welfare of all kinds for themselves, and biased regulatory strangulation for their smaller competitors, especially the new entrants who are fielding the most innovative, higher-productivity technologies. Now "Above the Law", the concentrated-ownership plutocracy begins to kidnap ["disappear"], or assassinate, or otherwise ruin [often using the unconstitutionally-expanded police powers of their prostitute-governments] inventors whose innovations threaten to "techno-depreciate" the plutocrats' fixed capital via more-advanced, more-productive technology. [EXAMPLE: HYPOTHESIS -- the Rockefeller Oil/Finance Plutocracy has brought about the rapid demise, in one way or another, of every single inventor/scientist who has ever announced a successful fusion reactor design]. For evidence regarding this hypotheses, see -- (0) global-samizdat org website, article on long history of the plutocracy's suppression of fusion energy [free download] For more about these dynamics, see [all downloads free of any charges] -- (1) Equitism org website, article on "Political-Economic Law of Motion" of Modern Society (2) Paper by Geert Reuten, entitled "The Incompatibility of Prolonged Technical Change and Competition: Concurrence and the Socialisation of Entrepreneurial Losses through Inflation", available for free download on the world wide web (3) Oregon State University website, Poli-Sci Dept., Graph entitled "U. S. Price Levels, 1665 to 2005, in Constant (2005) Dollars" (4) Equitism org website, article entitled "Malady and Remedy: What's Wrong and What to Do About It" (5) Adventures-in-dialectics org website, Extracts from writings of economists on the problem of "Techno-Depreciation", Part A (6) Adventures-in-dialectics org website, Extracts from writings of economists on the problem of "Techno-Depreciation", Part B So, the plutocracy also uses its wealth, and the military power of the core capitalist state(s) which it has prostituted, financed for "free" to that plutocracy, via the tax revenues paid to those states mainly by their non-wealthy, non-plutocrat citizens, to install, and to maintain, servant-dictatorships all over the periphery of the core/"advanced" capitalist state(s), whose function is to murder the progressive citizens of those nations, and to destroy any industrialization or technological advance in those peripheral states. Otherwise, the core plutocracy would face "techno-depreciation" of its capital assets from abroad, from the periphery, where a combination of traditionally low wages, and latest-vintage, higher-productivity capital equipment, in competition against the plutocracy's older-vintage/obsolete capital equipment, and the higher wages won through generations of bloody struggles against that plutocracy in the core state(s), would "techno-depreciate" that plutocracy's capital assets, and/or depress its rate of return on those assets, to an extent which would threaten the ability to hold onto power of that plutocracy. These plutocrats next even begin to fund anti-science, anti-technology, and "people are pollution" [pro-humanocide] ideologies [e.g., Rockefeller "Eugenics" in the 1920s & 1930s, adopted -- and discredited -- by their former servant-dictator, "Franken-Dictator" Adolph Hitler, and today's "Eugenics Warmed-Over" -- humanocidal "GLOBAL-WARMISM"], to help block further advances in human social productivity, which would devalue their capital, and, hence, since they won't allow social productivity to rise, work to achieve public acquiescence in global multi-genocide, since productivity blocking accumulates an ever more miserable population of poor people worldwide, ever more likely to revolt against the plutocracy. The plutocracy therefore acts to murder these people pre-emptively. Thus, the self-degeneration of representative-democratic, competitive capitalism into totalitarian, humanocidal state-capitalism is inevitable. This path represents the immanent "law of motion" of industrial-capital-based human societies. The only way that I see out of this nightmare is to increasingly put the productive assets of society into the hands of socialized producers' cooperatives, which must meet the test of market competition -- e.g., the Equitists' "Stewardship Equity" rights. Control -- not ownership, but stewardship -- of productive assets would, in that way, be widely dispersed, creating constitutional-citizen-economic-rights-based economic checks-and-balances, conserving the checks-and-balances on "customer service quality" provided by market competition, and blocking the hyper-concentration of capital-asset-value seen today, which leads rapidly to the global self-destruction of human society. This will require a popular revolution in the "core of the core" of state-capitalism -- in the U.S. -- much like the one which overthrew Stalinist state-capitalism in Russia and Eastern Europe, but, this time, it must be, if it is to succeed, a revolution aimed DIRECTLY at the ruling Rockefeller / Morgan / [...] invisible dictatorship, which was able to pervert and suppress the Eastern European/Russian revolutions against state-capitalism, installing new servant-dictators there, because it was in a momentaneously safe, privileged position to strike at them, since it was not directly vulnerable to those revolutions. This revolution, to succeed, must be aimed at GREATER individual liberty, not less. It must be a revolution whose goal is the CONSERVATIVE EXTENSION of the U. S. Constitution and Bill of Rights, so as to add ECONOMIC CHECKS AND BALANCES, and new Species of Citizen Equity, beyond but still including Capital-Equity -- New Citizen Economic Rights -- to the Political Rights and checks-and-balances already enshrined in -- even if honored mostly "in the breach", especially lately -- the Bill Of Rights of that Constitution. It must be, to succeed, a revolution whose demand is an amendment of the U. S. Constitution, establishing a Political-ECONOMIC DEMOCRACY. It can be a legal, non-violent movement for constitutional amendment, using the legally-established channels for amendment. Unfortunately, the Caligulan, Neroan, hyper-pervertoids of the U. S. plutocracy can be expected to attack this movement illegally, with all of the ultra-violence that they can muster, until or unless this movement becomes popular enough -- just as the popularity of the revolutions in Eastern Europe and the former USSR eventually stayed the hand of the vicious secret police and the pro-Stalinist army elements, flash-freezing those craven bullies in their fear of popular wrath. How much more mass murder will the people of the United States tolerate from the Rocke-Nazi, "RICO" U.S. "government" before they rise up? Pining away for a utopia of stable, perpetual free capitalist competition, a la, e.g., Ron Paul, a utopia that does not exist, and that cannot exist, is, well, ineffective, and impractical. Regards, Miguel
FAQs on the "techno-dpreciation" death-dynamic of the Capital-relation Business and Economics Forum Participants, FYI: FAQs concerning the "techno-depreciation" death-dynamic of the [self-]global[izing] political-economic system based upon the "Capital-value-relationship" as predominant "social relationship of production", or "form of human social intercourse", have recently been posted to the "Equitism. org" website. Regards, Miguel
Slide Show on Global Economic Crisis Business & Economics Forum Participants, FYI: A slide show on the current global economic crisis, which analyzes that crisis from the point of view of the "techno-depreciation" dynamic outlined in the OP, and entitled "Crisis and Solution", is available for free viewing and download via the equitism.org website. It contains a graph, based upon U. S. government economic data, which estimates the timing of the turning point from the "ascendant phase" into the "descendant phase" of the self-development of the global capitals-system. Regards, Miguel
