Do Kondratiev Waves point to an inherent flaw that cannot be solved?

Would a planned economy reduce or eliminate the effects of long-cycles in an economic system? I don't see how people can continue on accepting capitalism for long if such waves are inevitable.

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  • sean peeters
    tagged this with good 2017-03-16 00:55:10 -0400
  • sean peeters
    published this page in Ask Prof. Wolff 2017-03-16 00:43:04 -0400