Oil catastrophe -- another kind of war?

[mcmillan]

Under capitalism, competition causes the rate of profit to drop, and for goods to be overproduced. This is when the business cycle dips, and we experience recessions and depressions. To restore the rate of profit and force the cycle up again, capitalists have several methods including financial speculation and deliberate waste. Plus they must

Comments

[jjjiii]

I don't follow that logic at all.

[mcmillan]

Hi jjjiii,
Here's the article I was reading that made me think about that:
http://kasamaproject.org/2010/06/09/khukuri-marxism-crisis-and-the-falling-rate-of-profit/