It's not a "woe of Capitalism", just an inherent property of an economy. In fact, it's an inherent property of all life. Economic cycles and life/death cycles in species have a lot in common. The dynamic nature of such systems make them hard to predict, but you can be sure that they will continue to occur. It's a way of resetting (or reallocating) resources that is essential.
An interesting point - thank you. I was just listening to a bbc podcast on Minsky, and while everyone agreed that previous economics failed to predict their instability, everyone now thinks Minsky is the key to preventing instability - but no one mentioned that actually death is part of life and we need not to prevent the next crisis, just not let it cause such damage. Harm reduction as public policy - whatever next
