The overproduction crisis is a very interesting part of standard early industrial economics. Marx didn't invent it. The crisis is very real under certain circ

The overproduction crisis is a very interesting part of standard early industrial economics. Marx didn't invent it. The crisis is very real under certain circumstances. The problem is that, to be honest, the overproduction crisis can only happen when there is too much income inequality. Otherwise, society has ways to utilize that surplus. For example, a public sector taking up 40% of GDP or thereabouts, is a way of using that surplus. The problem with exponential growth is that it cannot continue indefinitely. Resources are limited and so is energy use. Additionally I suspect, following Joseph Tainter's works, that exponential growth eventually leads to social collapse because that surplus ends up going towards complexity-related costs until those costs cannot be borne anymore.