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Each Kondratieff cycle is characterized by a new technique (or more new techniques), the economy, society, life imprinted on some (or more) for decades, the positive effects of a new technique to characterize the new Kondratieff cycle. In the listed Kondratieff cycles are the clothing, mass transport, mass consumption, personal mobility, information / communication and holistic health. The theory of Kondratieff cycles is based on the theory of long waves. The particular strength of the long wave theory is that it enables a holistic approach to the problems of the time. Basically, it is the only scientific theory convincingly can be explained by the interaction between technological, economic, social and intellectual developments and thereby solid short-term and long-term forecasts are possible. Read More
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