The Supreme Kondratieff

9 Pages Posted: 10 May 2017

Date Written: May 9, 2017


The coming wave of exponential technology signals a transformation of traditional patterns (geometric, linear, cubic) in human economic history. This great transition towards exponential knowledge automation requires a new societal deal for the future of the capitalist welfare system. Decisive strategies to cope with this tall order for predicitve analytics and policy making are being discussed, with a methodical focus on the human learning curve and the accounts of society.

Keywords: exponentiation, economic cycles, long waves, teleology, economic history, Kondratieff, rent, taxation

JEL Classification: B41

Suggested Citation

Ternyik, Stephen I., The Supreme Kondratieff (May 9, 2017). Available at SSRN: or

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