yt5s.io-Overproduction Crisis_ 1929=2008

The economic crisis is the classic crisis of overproduction of capitalism: The free citizens of markets, industrial Corporations reproduce, evolve and sell memes of metal, money machines and weapons. They make profits the higher the sales are so they overproduce causing 3 collateral damages on mankind:
-fiat, digital, worthless money is changed by real wealth ruining the middle class.
- New machine workers take their jobs
- And after an age of social unrest, hate media rises fascist leaders tht kill them with weapons - increasing even further the profits of corporations that switch production from peaceful consumption machines to those weapons.
Overproduction crises thus happen always at the end of the 3 cycles of evolution of new machines of the Industrial R=evolution.
We live the 3rd of those crises of overproduction of robots and e-money in which we live, according to the laws of Evolutionary Economics:
The industrial r=evolution of machines have gone through 3 phases. In the XIX century during the British age, we build bodies of metal (trains and steamers), then in the German age we built its electro-chemical engines. In the XX century, the American age we built is minds. And now we are putting them together into robots.
Each of those ages end in a massive crisis of overproduction of machine, which increase the profits of corporations but displace humans of labor and war fields, absorbing all the resources of the economy.??
?But needless to say 'overproduction' is taboo in our societies and among economists working or controlled by corporations, as profits are more important than life and the future of mankind.
This short is extracted from the longer movie 'capitalism vs. democracy'
For those interested in the written model see my kindle books or the web www.economicstruth.com.
Luis Sancho, Santa Monica, California, Barcelona Catalonia?
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