The Classic Problem (Perennialism)

There is a philosophical concept called perennialism.

Most philosophers describe a perennialism, grappling with current problems and perception of those problems. Many describe it as inevitable historic recurrence.

A determinism soft or hard, the command mode our economy is in now, the tendency to deflation, is the recurrent bugaboo of capitalism and classical economics--the crisis of overproduction.

All the classic and neo-classic indices are present to suggest a classic economic depression, or a perennial problem. It is a problem even for the beneficiaries of the business cycle (consolidation of wealth) because with each oscillation, within a recent memory especially, the legitimacy of the political-economic process is called into question.

Clearly, the global economy is determined to deflate. It is being commanded by a consolidated wealth. Even though there are differences in the form of the crisis, and the remedial measures available to stabilize it, like monetarism, are more efficient, the result will be the same--overproduction due to a reduction of demand, or deflation. It is a demand-side economics that benefits the consolidation of capital, which is the source of the problem. It is a "classical" economic problem that ALL the classical economists have described, explained, and all predict to be perennially persistent.

The antithesis to demand-side economics is obviously, rationally, in order. Supply-side economics is the solution nature is demanding, awaiting our command.

The solution is simple, it is direct: invest in the supply side, not the demand side like the speculative demand driving the global economy into depression now.

The solution is simple and easily applied. We just have to decide to do it.

Join the coalition for Obama and build the peacefully prosperous world of a self-determined pluralism we all "know" we can have.

Very best wishes.