New introduction to ‘Capitalism at a Dead End’Capitalism, the system of production for profit, has reached a dead end. The plague of mass unemployment, underemployment, low wages, destruction of benefits, social service cutbacks, and mounting poverty is overcoming the system and bringing unrelieved disaster to the multinational working class and the oppressed peoples of the world. In addition to the threat to the working class, the life-sustaining character of the environment of the planet is in dire danger.An entire generation of workers is facing a dismal future. For a growing majority, capitalism has in store only unemployment, marginal work and unskilled, low-paid jobs as the system incorporates more and more skills into software and machinery. Technology and the world-wide wage competition orchestrated by the employers continue to drive wages down.Among the most poisonous political and social consequences of the crisis are the intensification of racism, the growth of the prison-industrial complex, the rise in the persecution of immigrants and undocumented workers, and the war on women and lesbian, gay, bi and trans people. The ruling class seeks all means to sow division among the masses in order to divert attention from the failure of the economic system and the growth of obscene inequality.These are the ultimate and inevitable consequences of the laws of capitalist development, which are what drive the evolution of the profit system. Capitalism has now entered a new stage in which low growth, stagnation and acute crises are the “new normal.” The historic cycle of boom and bust — when the economy, after crashing periodically, rose again and reached new heights — is over.Capitalism has generated dozens of periodic cyclical crises since at least 1825, when the first real international crisis of overproduction swept the globe. But the present crisis goes far beyond the normal cyclical crises.Whatever the ups and downs, nothing can lift the system out of this long-term dead end — not trillions of dollars in bank and corporate bailouts, not trillions in military spending for limited wars and interventions, not any band-aid “stimulus” packages.This book deals exclusively with the present crisis in the U.S., but this is not the first time that capitalism has reached such an impasse. At least twice before it reached a similar dead end, where it could no longer grow; it could only drag society backward toward an abyss.In fact, the economic crisis that began with the collapse of the housing market in December 2007 resembles the two previous great crises: the crisis of 1873-1896, sometimes called the Long Depression, and the crisis of 1929-1939, or the Great Depression.The Long Depression was global and in the U.S. was actually a series of severe downturns. The initial downturn began with the economic collapse of a gigantic railroad bubble and lasted from 1873 to 1877. It led to the longest economic contraction in U.S. history, either before or since, lasting 65 consecutive months. A brief recovery was followed by another collapse in the 1880s. The final and most drastic downturn of the period began with the collapse of a second widespread railroad and land speculation bubble.This crisis lasted nearly until the turn of the century. There was double-digit unemployment and furious class struggle throughout the period — from the railroad strike of 1877 to miners’ strikes in the Pennsylvania coal fields, the Haymarket struggle in 1886 for the eight-hour day, the Homestead steel strike of 1892 and the Pullman railroad strike of 1894. In many of these class battles, workers used armed self-defense against the scab armies of the bosses.The Great Depression is said to have begun in 1929 with the collapse of a gigantic stock market bubble. However, it was preceded by the collapse of a wild land speculation bubble, which fueled the stock market collapse. That in turn led to massive banking failures and finally a full-scale economic collapse. By 1931 there was 25 percent unemployment in the U.S. A brief economic upturn from 1934 to 1937 was followed by another collapse, which lasted until 1939.Unemployment was 17 percent at the end of this period and never went below double digits, even during the brief upturn. There were unemployment and hunger marches and municipal general strikes in San Francisco, Toledo and Minneapolis in 1934. From 1935 on there were hundreds of plant occupations across the country, including the legendary, victorious Flint sit-down strike which brought unionization to General Motors. This was a developing pre-revolutionary period.There are many differences between the crisis toward the end of the 19th century and the one of the 1930s. But there are several important and fundamental similarities, which have great bearing on understanding the current crisis.In both crises, the automatic functioning of the capitalist market, the normal boom and bust cycle of capitalist development, ran out of steam. Capitalism reached a point where nothing of an economic nature could by itself get the system moving forward and upward any longer. Capitalism was mired in economic paralysis; mass unemployment was overwhelming the system.Both crises were preceded by long periods of enormous growth of the productive forces, great strides in technology, and major increases in the productivity of labor.From the middle to the end of the 19th century, the application of science to industrial processes and communications resulted in what is often referred to as the second industrial revolution. There were major improvements in steel production and chemical processes, the widespread use of the internal combustion engine, the development of petroleum drilling, the telegraph and many other advances. These technological developments brought about great leaps in the growth of the productive forces — including the massive development of the railroads.These leaps forward in science and industry were accompanied by decimation of the Native people and the seizure of their lands, forcing captured African people into chattel slavery that took on a modified form called share-cropping after the Civil War, the annexation of one-half of Mexico and the importation of Chinese labor. All this laid the basis for land grabbing and made possible the building of a transcontinental railroad system, mining and timber empires, and the meteoric growth of U.S. capitalism in the post-Civil War period.Similarly, in the period from the turn of the 20th century up until the 1929 crash, capitalism took another technological leap forward into the era of mass production. It was the period known for the rise of “Fordism,” i.e., the assembly line, plus so-called “scientific” time-study management — actually, scientific speedup. Economic growth was fed by the mass production of automobiles, new road-building technology, the electrification of manufacturing, the spread of electricity to households, the telephone, the mass production of radios and household appliances, among other things.Once again, as in the 19th century, the productivity of labor increased exponentially. And once again, consumption could not keep pace with production. Shortly before the economic collapse, production began to decline and profits shrank. The Depression followed.How did these depressions end?The Long Depression that had begun in 1873 ended only with the plunge of the U.S. capitalist class into imperialism. The productive forces and the profit system had outgrown the narrow framework of the capitalist nation state. Unemployment in the U.S. declined only with the so-called Spanish-American War of 1898, which brought the U.S. conquest of the Philippines, Cuba and Puerto Rico and the push into Asia and Latin America. This same bloody process was what drove the European capitalists’ “scramble for Africa” in the 1880s.Likewise, the Great Depression ended only with the build-up for World War II and the war itself, when industry was converted to war production. In the post-war period, the massive means of production, infrastructure and housing destroyed during the war had to be rebuilt.The present crisis, which began in December 2007, grew out of the same conditions that preceded the two previous crises: phenomenal growth of the productive forces and an enormous increase in the productivity of labor, this time seen most sharply in the rise of the scientific-technological revolution and the digital age.As in the previous crises, the system has been overcome by capitalist overproduction. Auto, housing, steel and other industries central to capitalism and to employment are shrinking. Industry is contracting because the markets cannot absorb the enormous output. Wages are falling everywhere. Inequality is at unspeakable levels.While we are at the early stages in the development of the present crisis, the capitalist system, as in the two previous great crises, cannot restart itself despite all the efforts of central banks and capitalist governments.Even when there is a slight economic upturn, mass unemployment does not recede and in most cases continues to grow. The rise of the “jobless recovery” is a characteristic of the present crisis of capitalism at a dead end.Because of the extraordinary development of the globalization of production, commerce and banking and finance, the present crisis is being played out on a far wider stage than the previous crises.The Long Depression and the Great Depression signified that capitalism had outgrown the nation state. They led to the age of imperialism, inter-imperialist rivalry and war. Indeed, the rise of imperialism signified that capitalism had entered into a phase of general crisis, a crisis from which it has never really emerged. The present crisis indicates that capitalism has outgrown the planet itself. Furthermore, it is a threat to sustaining human life on the planet.As this crisis deepens and becomes more prolonged, just as in the previous crises, the ruling class is escalating its military intervention and aggravating global military tensions. It is expanding its arsenal of destruction. As of the end of July 2012, Washington and NATO are trying to topple the government of Syria, having destroyed the government of Libya. The threat of war against Iran rises steadily over time. The military “rebalancing” in the Pacific and closer military coordination with the Japanese imperialists is a menace to China. And military tensions with Russia have been deliberately stoked with the construction of missile defense systems.But the options for capitalism that were used to revive the system in previous crises have narrowed. Imperialist expansion once brought a softening of the class struggle at home as the bosses used some of the super-profits to make concessions to an upper layer of the workers in order to keep class peace. Now, in the age of globalized production, global wage competition means spreading low-wage jobs around the world. This has been enabled by the scientific-technological revolution. Class tensions are increasing in the U.S., Europe and Japan. The era of concessions has been replaced by the era of givebacks.The military machine is already vastly developed and is high-tech. As such, the option of military mobilization as an economic stimulus to pump up the economy has greatly diminished. In addition, the trillions of dollars in capitalist state intervention have failed to revive the system.As the ruling class runs out of options and moves in the direction of military adventure and political reaction, its traditional measures of recovery can no longer reverse the crisis. Thus the situation is historically favorable to the intervention of the working class and the oppressed to resolve the crisis on a revolutionary basis.The profit system is entering a stage at which it can only drag humanity backward. The masses of people will come to a point where they cannot go on in the old way because capitalism is blocking all roads to survival. This is the point at which humanity can only move forward by clearing the road to survival, which means nothing less than the destruction of capitalism itself. This thesis was fully developed by this author in “Low-Wage Capitalism,” World View Forum, New York, 2008, available from Amazon.com andbarnesandnoble.com.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
Australian bank helps Crystal Palace collect Man Utd fee for Wan-Bissakaby Ansser Sadiq7 hours agoSend to a friendShare the loveCrystal Palace have managed to land £22.5 million of the Aaron Wan-Bissaka transfer fee early thanks to a deal with Australian bank Macquarie.The Premier League side sold one of the instalments they are owed by Manchester United for the right back.Wan-Bissaka moved clubs in the summer, while the deal was structured based on payments over the course of the next few years.United were set to pay Palace the £22.5 million figure in the coming summer.The Evening Standard says Palace have the money early, which allows them to continue reinvesting it in the club.Chairman Steve Parish wants to improve the main stand at their Selhurst Park stadium, among other upgrades. TagsTransfersAbout the authorAnsser SadiqShare the loveHave your say
TORONTO – Five things to watch for in the Canadian business world in the coming week:Notley goes to bat for Trans MountainAlberta Premier Rachel Notley kicks off a cross-country speaking tour on the importance of the Trans Mountain pipeline expansion on Monday in Toronto. The National Energy Board recently refused a request for a speedier hearing on allegations that the City of Burnaby is deliberately obstructing construction of the pipeline expansion by refusing to issue necessary permits.Moment of truth for Keystone XLThe Nebraska Public Service Commission votes on Monday whether to approve the permit to allow construction of the Keystone XL pipeline, the last regulatory hurdle for the controversial project. The original Keystone pipeline leaked an estimated 795,000 litres of oil in South Dakota late last week, giving critics of the XL pipeline fresh ammunition to push for a no vote.The bread is how much?George Weston Inc. and Metro Inc. are reporting quarterly results on Tuesday and Wednesday, respectively. The conference calls will present the first opportunity for investors to get some answers regarding allegations of price fixing on bread products, which is the subject of a criminal investigation by the Competition Bureau.Trade data to shed light on real GDPStatistics Canada releases September figures for wholesale and retail trade, employment insurance and quarterly financial statistics for enterprises for the third quarter. CIBC economists expect softness in wholesale numbers and a rebound in retail, and are predicting a 1.7 per cent real GDP pace for Q3.Sino-Forest lurches onThe Ontario Securities Commission holds a sanctions and costs hearing for Sino-Forest on Monday in Toronto. In July, the regulator ruled that the company and several of its top executives defrauded investors and mislead investigators by overstating the now defunct timber company’s assets and revenue.
“We believe it is our right to take appropriate measures to protect the interests of B.C. from the drastic consequence of a diluted bitumen spill,” Horgan said at a news conference. “We are prepared to confirm that right in the courts.”He said the federal government declined an invitation to join the province in the reference question. Horgan denied B.C. is backing down, saying the intention is to have cooler heads prevail.“This is not about politics. This is not about trade. It’s about the right for B.C. to be heard.”The province will move ahead with consultations on four other areas of its plan to protect the environment, such as establishing timeframes for responses to spills and requiring some form of restitution to cover the lost use of public resources in the event of a spill. Horgan said he wants B.C. and Alberta to be good neighbours, but the rest of Canada needs to know how strongly British Columbia feels about protecting its coastline.“I believe the federal government and the government of Alberta do not understand the depth of feeling that the transport of diluted bitumen has in B.C.,” Horgan said.Notley recently imposed the ban on B.C. wine in retaliation for a pledge last month by Horgan to reject increased levels of oil through the Trans Mountain pipeline until the province reviews spill safety measures. The B.C. government is against the expansion of Kinder Morgan Canada’s pipeline from Edmonton to Burnaby, although it has already been approved by the federal government. EDMONTON, A.B. — The Alberta government accepted an olive branch from British Columbia and suspended its ban on the province’s wine Thursday in a dispute over the Trans Mountain pipeline.Alberta Premier Rachel Notley took the step after B.C.’s John Horgan said his government will ask the courts if it has the right to protect its environment by restricting diluted bitumen shipments through the province. “I think it is fair to say that in a small way today B.C. blinked,” Notley told reporters at the legislature in Edmonton. “B.C. is stepping back from the brink and abiding by the law, and this is a good thing.”Horgan said his government is filing a constitutional reference case on the issue, which has been at the centre of the heated trade war between B.C. and Alberta. In the meantime, B.C. will not proceed with proposed regulatory restrictions on the increase of diluted bitumen transportation. Alberta accused Horgan of illegally trying to kill the pipeline expansion. While Notley is suspending the retaliatory ban on B.C. wine, she left her options open.“If it becomes clear that this action is, in fact, part of a deliberate strategy to harass the pipeline and its investors with frivolous or unconstitutional legal challenges, we will act immediately, and we will expect our federal partners to do the same,” she said.Notley and Prime Minister Justin Trudeau have made it clear that only Ottawa, not the provinces, has the authority to decide what goes in trans-boundary pipelines. As for B.C.’s constitutional reference case, Notley expressed her doubts it will be successful.“I’m confident that the courts will not give B.C. rights it does not possess under our Constitution,” she said. “I’m confident the Constitution will be upheld and we will have seen the last of these ridiculous threats.” Federal officials have been meeting with their B.C. counterparts to find a solution to the impasse. Notley, who had also scuttled talks to buy B.C. electricity, had been threatening further retaliatory action.Horgan said his efforts to safeguard B.C.’s interests generated a disproportionate reaction from Alberta that put an entire industry and the livelihoods of people who depend on it at risk.– With files from Dean Bennett in Edmonton.
Councillor Christensen was elected in 2006 and has lived in Fort St. John for over 25 years. Christensen released the following statement on Facebook. “It has been a wonderful experience, and I am so proud to have had your support for so many years. I congratulate all the members of the new council and wish them every success as this community moves into a very exciting, and also uncertain economic time. I really need to thank My wife Cheryl, who has supported me in everything I have done for 47 years. Always walking side by side with me.”Mayor Ackerman was on hand for the announcement of the votes and gave her thoughts on the election results.“It’s tough for those who were seeking re-election and were not re-elected. There’s a lot of mixed emotions here, but we move forward. Council is one body and members come and go, so we’ll be fine. I’ve already told Tony and Becky that there’s a lot of information, they’re going to have a bit of a steep learning curve because we’ve spent the last two years planning and preparing for the growth that LNG will bring.”The new members of Council will be sworn in on November 5, and the last meeting for Christensen and Evans will be Monday, October 22. FORT ST. JOHN, B.C. – Two longtime Fort St. John City Councillors are reflecting on their time at City Hall after voters picked two new people to join Fort St. John City Council.Councillor Bruce Christensen and Councillor Larry Evans both lost their re-election bids in Saturday’s municipal election. Becky Grimsrud and Tony Zabinsky are the two newest members of Fort St. John City Council. Councillors Trevor Bolin, Byron Stewart, Gord Klassen and Lilia Hansen, were also re-elected. Click here to read the full results.Councillor Evans has been on Council since 2005 after retiring from the Fort St. John Fire Department. In a post on Facebook Sunday, Evans said “Thank you for all the support from my family and all the wonderful people in Fort St. John. And while I’m not on Council, I will continue to love and support Fort St. John with all my heart and soul. Congratulations to the new Council and I know that the City, with its wonderful staff, is in good hands.”
Mumbai: High-flying India crashed to a stunning 2-3 defeat against Australia at home in the bilateral ODI series and the setback should act as a warning sign for Virat Kohli and his men going into the upcoming World Cup as one of the favourites, feels former captain Rahul Dravid. India led 2-0 in the five-match series, but lost the last three to the reigning World Cup champions to lose an ODI series after a lengthy gap. These games are the last of the 50-over competition for India going into the World Cup commencing on May 30 in England. “I think there was a bit of notion that we are going walk there and win the World Cup easily. So it’s a good thing that has happened. What it has (the outcome against Australia) reminded us is that we have to play the World Cup very, very well,” said Dravid. Also Read – Puducherry on top after 8-wkt win over ChandigarhHe was speaking at an event along with his former India teammate Sanjay Manjrekar here on Wednesday. “In a way I think its a good balancing factor. India has performed well in the last couple of years. There was a little bit of talk that we are almost going to walk in there and win the World Cup very easily because we are the No. 1 team and we have been dominating one-day cricket for the last couple of years,” said India’s current Under-19 and A team coach. Also Read – Vijender’s next fight on Nov 22, opponent to be announced later”But I don’t find anything strange from my perspective watching the series. I still feel that we are going to be one of the favourites. But it’s going to be tough. It’s going to be competitive,” the cricket stalwart insisted. Both Dravid and Manjrekar also answered queries on the much-talked about workload factor in the IPL starting on March 23 for some key Indian players, who are expected to make the World Cup squad, such as Jasprit Bumrah and Hardik Pandya. All-rounder Pandya is coming off a lower back injury layoff that forced him to miss matches in Australia as well as the home series against the same opponents at home. “Most players are smart about these things. They know how to handle their body. I don’t think the players would put their body on the line. I was reading Patrick Cummins (Australia pacer) saying that he feels better bowling when he is constantly playing rather than having rested and coming back,” Dravid said. “So to each player, its different. There cannot be a blanket case that all should be rested. We have to just trust the players. They know what needs to be done,” he opined.
Tamluk/Jhargarm (WB): Prime Minister Narendra Modi Monday accused West Bengal Chief Minister Mamata Banerjee of doing “cheap politics” over cyclone Fani, claiming she did not speak to him when he tried to contact her to talk about the calamity. He alleged his efforts to talk to state government officials to take stock of the situation too was “scuttled” by Banerjee. Modi also accused Banerjee of “religious intolerance”, and said people were being arrested for chanting ‘Jai Shri Ram’. He dared the chief minister to have him arrested for the chant hailing the Lord. Also Read – India gets first tranche of Swiss account details under automatic exchange framework “Today, I am back from Odisha after reviewing the situation in the aftermath of the cyclone. I had called ‘Didi’ twice to discuss the issue with her. I waited for her to call back, but she did not respond. “She is so arrogant that she did not speak to me. ‘Speedbreaker’ Didi is more interested in doing cheap politics instead of tackling the situation,” Modi told election rallies in Tamluk and Jhargram. Cyclone Fani left a trail of death and destruction in Odisha and also hit parts of West Bengal. Also Read – Trio win Nobel Medicine Prize for work on cells, oxygen Modi said even today he wanted to speak to Banerjee and state officials to take stock of the situation but the chief minister did not allow that to happen. Banerjee responded to the prime minister’s criticism, saying she could not talk to him because she was camping in Kharagpur to monitor the situation as the cyclone advanced towards West Bengal. Addressing an election rally in Gopiballavpur sub-division of Jhargram, Banerjee said Modi had indeed called her for a meeting at Kalaikunda, where he landed for an election meeting after touring cyclone-battered Odisha. “Are we his servants that we have to go wherever he beckons? Now he will allege that I have not responded and not extended cooperation. “My (poll) meeting at Jhargram today was already fixed. Election is on in West Bengal, while it is over in Odisha. Why should I share dais with an expiry prime minister during election time?” Banerjee shot back. A huge controversy has erupted over Modi’s failure to get in touch with Banerjee to discuss the situation that obtained in the wake of the cyclone. As he could not get through to the chief minister, Modi had called up Governor Keshari Nath Tripathi. He, however, spoke to Odisha Chief Minister Naveen Patnaik. Banerjee’s Trinamool Congress had accused the prime minister of by-passing the chief minister in disregard for the federal structure of the polity. A senior central government official had, however, rejected the allegation, claiming Modi called up Banerjee who did not return it. Modi on Monday invoked Lord Ram at his rallies and said people in West Bengal were facing hurdles even in following their religious beliefs. “In Bengal, people face obstacles even while performing pujas and religious rituals. Things have reached such a point that if you chant ‘Jai Shri Ram’, you will be put behind bars,” he said. The prime minister was obviously referring to a recent incident where three people were arrested allegedly for chanting ‘Jai Shri Ram’ when Banerjee’s convoy was passing by. A video of the incident has gone viral on social media. While hailing Lord Ram with the chant at his Jhargram rally, Modi dared Banerjee to have him arrested. “Didi has thrown people into jail for chanting ‘Jai Shri Ram’. I thought of greeting her with the chant so she can throw me behind bars, too. I will then serve the innocent people who are in jail for chanting in praise of Lord Ram,” he said. “The arrogance of many a mighty gets shattered in front of the Lord. You too will lose your arrogance, Didi,” Modi said. Addressing an election rally in Bishnupur, Banerjee snapped back, insisting ‘Jai Shri Ram’ was a slogan of the BJP , which used it during elections. “Does Ramchandra become BJP’s election agent when polls come?” she asked, asserting the slogans of the people of Bengal were “Vande mataram” of Bankim Chandra Chattopadhyay and “Jai Hind” of Netaji Subhas Chandra Bose. Referring to the recent comments by CPI(M) general secretary Sitaram Yechury on epics Ramayana and Mahabharata, Modi said it is fashionable for communists to abuse religion. “I can understand if communists abuse religion. Even those who have Sita and Ram in their names don’t respect religion. It is fashionable for them to make derogatory references to our holy books and our religion,” Modi said. Yechury had recently said Ramayana and Mahabharata were specimens of Hindu violence. On the UN designating terror group JeM chief Masood Azhar a “global terrorist”, the prime minister said, Banerjee did not welcome the development fearing her “votebank” will get angry with her. Modi claimed the TMC would win hardly 10 of the state’s 42 Lok Sabha seats, and Banerjee’s dream of becoming the prime minister with the help of ‘Mahamilawati’ alliance will be dashed. “Your model of chomki and dhamki (threat and intimidation) will no longer work in Bengal. You cannot snatch away the right to vote freely and fairly. Your political ground is fast slipping away. People have decided to defeat her. She has lost her mental balance.” he said. Modi said West Bengal under Banerjee was known for “triple T — Trinamool, Tolabaazi, Tax”. In local parlance, ‘tolabaazi’ roughly means organised extortion. Maintaining that the state has already seen three political ideologies -Naampanthi (people who rule by using the name of family–Congress), Vaampanthi (Leftist), Daam aur Damanpanthi (people who rule through corruption and oppression–TMC)– Modi said time has come for it to adopt “Vikaspanthi” (people wedded to the ideology of development) represented by the BJP.
Mumbai: Actor Rajkummar Rao says money has never been a driving force behind his decision to do films. He picks his projects based on the content. Rajkummar opened up about his funda when he appeared on “BFFs with Vogue Season 3”, which airs in India on Colors Infinity. He was joined by actor Ishaan Khatter on the show, read a statement. When host Neha Dhupia asked Rajkummar what changed after back-to-back box office success, he said nothing. Also Read – ‘Terminator: Dark Fate’ has James Cameron’s fingerprints all over it: Arnold Schwarzenegger “For me, now also it is about the film. It’s about the story. Now, the only thing that has changed is that I get to work with bigger filmmakers, be a part of bigger films,” he said. The actor added: “Apart from that, nothing has changed in my life. For ‘Trapped’, I didn’t get paid at all. So, money is not important. It’s the story, the content I am a part of. I didn’t know that ‘Stree’ would turn out to be such a big box office success, but it did. It’s a great feeling when a film does great at the box office. “But for me, I was not chasing that, I am still not. There have been filmmakers who told me they wanted to work with me but because of budget constraint or whatever reasons… but now they feel they can make films with me.” During a game round ‘Platter of Punishment’, Neha asked which one of his movies deserved a National Film award, Rajkummar said: “‘Trapped’.”
2015-16Miami5.0– 2008-09Miami3.1– 2016-17Chicago3.1%– The percentage of Wade’s offense that came from cuts to the basket basically doubled during the years he teamed with LeBron and then dropped back to its original level as soon as James went back to Cleveland. Source: ESPN Stats & Information Group Utah Jazz23461238.2 After being bought out by the Chicago Bulls, 12-time All-Star Dwyane Wade had a handful of solid options to consider when deciding which team to sign with.There was the fairy-tale possibility of rejoining the Heat, the franchise he was drafted by and where he won three titles. The suddenly fortified Oklahoma City Thunder and San Antonio Spurs — the team that effectively ended Miami’s Big Three era back in 2014 by winning the title that year — were also suitors. But as enticing as those teams might have been, none of them have LeBron James.So it isn’t surprising that Wade is choosing to sign in Cleveland, where he not only has a great chance at reaching the NBA Finals again but also gets to reunite with one of his closest friends. But if we only examine those two factors, we might be overlooking the biggest incentive Wade has in all this: LeBron and the Cavs may be a fountain of youth for the 35-year-old.James makes life easier for everyone he plays with (well, Mario Chalmers might disagree), and Wade was no exception while the two were in Miami. Wade logged career bests in effective field-goal percentage and true shooting percentage during that four-year run, from his age-29 to age-32 seasons. His stark improvement as an off-ball threat — specifically as a cutter who would make his break toward the basket while defenses were preoccupied with James — helped take the Heat’s offense to another level. 2007-08Miami3.0– 2012-13Miami11.4– TEAMMAKESATTEMPTSSHARE So depending on how quickly the duo jells (or re-jells), Wade may get far easier shots than he got last season in Chicago, when he generated just 3 percent of his offense from cuts to the basket and took his average shot attempt from more than 12 feet away, tied for the longest average shot distance of his 14-year career.Some will question whether Wade — and to a greater extent, Derrick Rose — is a good enough jump shooter to keep defenses honest while James is running the show and probing for driving lanes. But a closer evaluation of Wade’s game suggests that he can more than hold his own as an off-ball threat if used properly.Wade has shown himself to be a competent 3-point shooter when stationed in the corner, shooting almost 38 percent138 of 101. from the corner in the seven seasons since James signed with Miami in 2010 — considerably better than his 27 percent2147 of 550. on all other 3-point tries over that same span. That’s particularly meaningful for Cleveland, which led the NBA in corner 3-point makes and attempts by a huge margin, according to ESPN Stats & Information Group. (Perhaps unsurprisingly, the Cavs launch far more corner triples when James — one of the best passers in the sport — is on the court compared to when he’s on the bench.) Wade cut to the basket far more when playing with LeBron CORNER 3S 2013-14Miami9.4– 2014-15Miami4.3– Cleveland Cavaliers35385041.5% Boston Celtics25362340.6 2009-10Miami4.6– 2011-12Miami8.6– SEASONTEAMSHARE OF OFFENSE THAT STEMS FROM CUTTING TO THE BASKET 2010-11Miami6.5– The years in bold highlight seasons in which Dwyane Wade was teammates with LeBron James.Source: Synergy Sports Technology Houston Rockets26769038.7 Miami Heat27769040.1 The Cavs take (and make) more corner 3s than anyone elseFor the 2016-17 regular season One variable that figures to be vital is how much Wade is being asked to do; especially in an offense that already features LeBron, Rose, the oft-forgotten Kevin Love and, at some point after the new year, Isaiah Thomas, who was acquired in the Kyrie Irving deal. It’s not hard to imagine Wade frequently handling the ball to give James a rest, though his game and Rose’s are similar in that both can develop tunnel vision when they’re driving to the basket.It would be wise for Cleveland to take a conservative approach that helps maintain Wade’s aging body for the postseason. J.R. Smith is seemingly a better fit for the Cavs’ starting lineup, thanks to both his size and his superior outside shooting.None of this is meant to suggest that Wade will be a perfect fit with the Cavs, as there are a handful of things that James and Wade simply won’t be able to replicate this many years after their first partnership. Chief among them: The swarming, blitzing defense the Heat used to trap pick-and-rolls. (Chris Bosh was truly special defensively with those teams.) In fact, a defense featuring the two of them might be a half-step slow now.However, even if Wade performs more fluidly during the regular season, it’s possible that, given his age, he and his body may not be totally dependable come playoff time, no matter how the Cavs manage his minutes. The 2014 Finals, in which the Heat got blasted by San Antonio four games to one, were a prime example.But if there’s one thing we’ve seen with Wade’s game in the past, it’s that James’s presence — as it has done for many others — will lessen the physical toll on Wade and possibly help offset the effects of Father Time. And that means the Cavaliers have little to lose with this signing.