THE INTEREST RATE AND THE PERIODICITY OF CRISES IN THE CAPITALIST ECONOMY

Abstract

Different economic systems are originally cognitive systems that reflect the way people think about the problems of life. Capitalist economics books have always identified this problem in accordance with the principles of utilitarianism, and from there the definition of the problem that becomes the intellectual and scientific basis for facing the problem is that it is: (scarcity of resources) versus unlimited needs of people. In it, which causes us to try to reformulate economic theory cognitively, based on a correction from the concept of the economic problem, or makes us, at least, question one of the pillars of the capitalist system, which is the interest rate.