Trickle down economics is what has caused all these crashes. After Reagan left office we started seeing economic crashes for the first time since the new deal. When there was low wealth inequality and strong labor unions, there was a strong economy because the middle class was thriving, and people were able to buy back the products that capitalists produced. This prevented economic crashes. When businesses began deregulating and the amount that the people on the top were making skyrocketed, and the wages for the middle class stagnated, we started to see crashes. That is not even to mention the fact that capitalism is unsustainable, and is destroying the environment, which I mentioned up above. 80% of forests are gone, we're in the 6th mass extinction of animals on earth, there's a thing called the runaway greenhouse effect which is what happened to venus, and there's almost more plastic in the ocean than fish.
What we need to do is switch to a non growth based economy, and that is something that could only happen if we had democracy in the work place, aka get rid of stockholders. One of the biggest reasons why capitalism needs to expand is because when people invest in a company they expect to see their profits grow, they want to see a return on their investment. Also, larger industries often need to grow so that they can push down prices with competition, and drive other companies out of business - if a company doesn't grow in capitalism, they're often doomed to be driven out by someone bigger than them. No one embraces this model of capitalism more than Jeff Bezos, who says explicitly that the bigger company will consume the smaller one. We need to switch to a non-growth based green economy if we have any hope of saving the planet from capitalism. We also need to end not only greenhouse gas emissions caused by fossil fuels, but meat consumption, which it turns out is just as big of a polluter as fossil fuels.
