{"id":261450,"date":"2025-11-19T11:00:04","date_gmt":"2025-11-19T11:00:04","guid":{"rendered":"https:\/\/www.worldsocialism.org\/spgb\/?post_type=snippet&p=261450"},"modified":"2025-11-19T09:18:35","modified_gmt":"2025-11-19T09:18:35","slug":"forever-blowing-bubbles","status":"publish","type":"snippet","link":"https:\/\/www.worldsocialism.org\/spgb\/snippet\/forever-blowing-bubbles\/","title":{"rendered":"Forever blowing bubbles"},"content":{"rendered":"

On 18 November, the Financial Times told us<\/a> that a Bank of America survey has found that a \u201cmajority of global fund managers think companies are overinvesting, as market anxiety grows about the sustainability of the artificial intelligence spending boom\u201d.<\/p>\n

The capitalist press is again revealing the accuracy of Marxian economic theory, which describes how capital will and must flow into industrial sectors with potential\/actual relatively high profits. The end result will always be over-investment and an ensuing sectoral slump which, depending on circumstances, can turn into a world slump. <\/p>\n

As the refrain goes, capitalism is \u201cforever blowing bubbles, pretty bubbles in the air\u201d. Except for us, the working class, the bubbles aren\u2019t pretty at all!<\/p>\n","protected":false},"template":"","class_list":["post-261450","snippet","type-snippet","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/snippet\/261450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/snippet"}],"about":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/types\/snippet"}],"wp:attachment":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/media?parent=261450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}