The article discusses how capitalism has a history of economic crises, with sudden bankruptcies and market price drops. These crises have been happening since the early days of capitalism, like the 'South Sea bubble' in 1720. As capitalism evolved, crises shifted from market crashes to production issues, like too much supply and not enough demand. The article looks at how economic theorists like Adam Smith and Karl Marx have analyzed these crises. It also asks if a socialist economy would face similar ups and downs as capitalist economies.