Forum Post: Boom Bust collapse and growth...The dilemma of Capitalism

Capitalism biggest enemy is its own internal crisis. How do you continue growing and accumulating in a finite world??? How do you create demand while increasing profit for the producing class, namely the 1%. Well, you create demand by stimulating the bottom, but this is anathema to Neo-liberalism, the bedrock ideology of the 1%. So what you have to do is make credit easily available, so that increasingly poor people can continue to buy you products. Eventually and inevitable, since wages are not increasing, the poor and the middle class are no longer able to pay their date. Sooner or later the bubble is bound to burst. Just like it did in 2008. When it does it eleminates capital, thus creating more space for more growth. As you can see capitalism in its Neo-liberal form can only continue to grow by this boom/bust cycle; creating and destroying capital. However this system is unsustainable in the long term, which is the reason why each bust is stronger the previous bust. In the end the biggest crisis facing capitalism is the finite resources of the earth. We are soon to reach peak levels on essential raw materials. Capitalism's myopia is not going to allow it to view past the immediate profit making scheme and in the end the system will be totally nonfunctional, thus the end of capitalism is inevitable.