Nikolai Kondratiev

Capitalism and Its Critics: A History: From the Industrial Revolution to AI

by John Cassidy  · 12 May 2025  · 774pp  · 238,244 words

that capitalism’s recurrent crises are the way the system resolves some of its inner contradictions. Two adherents of this view appear in this book. Nikolai Kondratiev, a Russian economist who theorized that capitalism evolved in “long waves” of roughly fifty years’ duration, is treated at length. The Austrian bon vivant Joseph

…

forty-seven. Her life had been cut short in brutal fashion. But in death her legend would only grow. 14 “The rhythm of long cycles” Nikolai Kondratiev and the Dynamics of Capitalist Development A week after demonstrators took to the streets of Petrograd (St. Petersburg) on February 23, 1917 (by the old

…

forward, many critics argued that underdevelopment was the inevitable product of an exploitative global system. Some orthodox economists, echoing the arguments of David Ricardo and Nikolai Kondratiev, believed it made sense for underdeveloped countries with large endowments of land and labor to concentrate on agriculture and other forms of primary production. The

…

, Rosa Luxemburg, 265. 80.   Frölich, Rosa Luxemburg, 283. 81.   Nettl, Rosa Luxemburg, 772. 82.   Nettl, Rosa Luxemburg, 772–75. 83.   Nettl, Rosa Luxemburg, 780. 14. Nikolai Kondratiev and the Dynamics of Capitalist Development   1.   Vincent Barnett, Kondratiev and the Dynamics of Economic Development (New York: St. Martin’s, 1998), 27.   2.   Barnett

…

(New York: George H. Doran, 1921), https://www.bradford-delong.com/2010/08/h-g-wells-liveblogs-the-consolidation-of-the-bolshevik-regime.html. 10.   Nikolai Kondratiev, The Year of Revolution from the Economic Point of View (1918), quoted in Barnett, Kondratiev, 38. 11.   Nove, Economic History of the USSR, 94. 12

…

, 146–51. 14.   Barnett, Kondratiev, 65. 15.   Barnett, Kondratiev, 98. 16.   Barnett, Kondratiev, 71. 17.   Carr, Russian Revolution, 78. 18.   Carr, Russian Revolution, 78. 19.   Nikolai Kondratiev, The World Economy and Its Conjuncture During and After the War (Moscow, 1922). 20.   Barnett, Kondratiev, 25. 21.   Barnett, Kondratiev, 107. 22.   Leon Trotsky, “The

…

Imperialism 13. “Capital knows no other solution to the problem than violence”: Rosa Luxemburg on Capitalism, Colonialism, and War 14. “The rhythm of long cycles”: Nikolai Kondratiev and the Dynamics of Capitalist Development 15. “The more troublous the times, the worse does a laissez-faire system work”: John Maynard Keynes’s Blueprint

The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street

by Justin Fox  · 29 May 2009  · 461pp  · 128,421 words

British business cycle and sunspots was one. Another famous example came in the mid-1920s when the young founder of Moscow’s Business Cycle Institute, Nikolai Kondratiev, proposed that economic activity moved in half-century-long “waves.”35 As the study of statistics progressed and the mathematics of random processes such as

…

an overly literal translation. Kondratiev is also sometimes spelled Kondratieff. His 1926 monograph Long Cycles and Economic Conjuncture can be found in The Works of Nikolai Kondratiev, vol. 1 (London: Pickering & Chatto, 1998). 36. G. Udny Yule, “Why Do We Sometimes Get Nonsense-Correlations Between Time-Series?—A Study in Sampling and

The Ages of Globalization

by Jeffrey D. Sachs  · 2 Jun 2020

technology are often bundled into distinct phases, much like bundling the ages of globalization. The earliest theory of technology waves came from the Russian economist Nikolai Kondratiev, writing in the 1920s. He identified major waves of technology arriving roughly every fifty to sixty years. Each wave generates a new era of business

More Money Than God: Hedge Funds and the Making of a New Elite

by Sebastian Mallaby  · 9 Jun 2010  · 584pp  · 187,436 words

the upswings occurring during periods of technological innovation and abundant investment and the downswings occurring as new investments dry up and old ones lose value. Nikolai Kondratiev, the theory’s Russian inventor, founded the Institute of Conjuncture in Moscow in 1920; he identified upswings between 1789 and 1814, 1849 and 1873, and

Insane Mode: How Elon Musk's Tesla Sparked an Electric Revolution to End the Age of Oil

by Hamish McKenzie  · 30 Sep 2017  · 307pp  · 90,634 words

stopped at a traffic light, Wu started talking about economic revolutions. He had read The Major Economic Cycles, a 1925 book by the Soviet economist Nikolai Kondratiev, which controversially argued that technological revolutions coincided with economic cycles, each of greater import than the last. Stalin had Kondratiev shot for suggesting that anything

Utopias: A Brief History From Ancient Writings to Virtual Communities

by Howard P. Segal  · 20 May 2012  · 299pp  · 19,560 words

periodic deflationary troughs produced economic crises and that those crises led to utopian experiments as havens for those hurt financially. (Named after the Russian economist Nikolai Kondratiev (1892–1938), this theory contends that, in the modern capitalist 30 The Variety of Utopias world economy, high sectors of growth in certain economic sectors

The Long Good Buy: Analysing Cycles in Markets

by Peter Oppenheimer  · 3 May 2020  · 333pp  · 76,990 words

7–11 years, whereas the Kuznets cycle for predicting incomes (Simon Kuznets, 1901–1985) has a duration of 15–25 years and the Kondratiev cycle (Nikolai Kondratiev, 1892–1938) has a duration of 50–60 years, driven by major technological innovations. There are, clearly, problems with all of them and the fact

The Land Grabbers: The New Fight Over Who Owns the Earth

by Fred Pearce  · 28 May 2012  · 379pp  · 114,807 words

our lives are bound up in numerous interrelationships.” Phew. Payne’s presentations, meanwhile, often include a scary graph showing something called the Kondratiev Cycle, after Nikolai Kondratiev, the Russian economist who invented it. I’m not clear how the Elliott Wave and the Kondratiev Cycle relate, if at all. But her graph

Green Swans: The Coming Boom in Regenerative Capitalism

by John Elkington  · 6 Apr 2020  · 384pp  · 93,754 words

. Interestingly, Becker went on to apply the tools of economics to social issues related to addiction, discrimination, education, and marriage. Another of my favorite economists, Nikolai Kondratiev, was shot in 1938 because he told Stalin that capitalism, at the time flat on its face during the Great Depression, would recover and come

The Blockchain Alternative: Rethinking Macroeconomic Policy and Economic Theory

by Kariappa Bheemaiah  · 26 Feb 2017  · 492pp  · 118,882 words

were manually set up (sometime taking up to two days) to solve any differential equation problem. 6In economics Kondratiev waves (named after The Soviet economist Nikolai Kondratiev), are cyclic phenomenon that link the cycle of a technology’s invention, expansion and ultimate replacement to their economic effects. Although

…

Nikolai Kondratiev was the first to study the economic effects of technology on prices, wages, interest rates, industrial production and consumption in 1925, Joseph Schumpeter was responsible

How to Speak Money: What the Money People Say--And What It Really Means

by John Lanchester  · 5 Oct 2014  · 261pp  · 86,905 words

The Immortalization Commission: Science and the Strange Quest to Cheat Death

by John Gray  · 11 Apr 2011  · 232pp  · 67,934 words

The Coming Wave: Technology, Power, and the Twenty-First Century's Greatest Dilemma

by Mustafa Suleyman  · 4 Sep 2023  · 444pp  · 117,770 words