Ben Bernanke and the declining rate of profit

[RedMaterialist]

Today on the web site Firedoglake it is reported that Bernanke was asked why interest rates were so low. He is supposed to have responded, "...at the present time the major industrial economies apparently cannot sustain significantly higher real rates of return..."

One wonders if he was aware of the irony in that statement. Capitalist economies can no longer return a profit. Somewhere Marx is smiling.

[Workers-Control-Over-Prod]

Today on the web site Firedoglake it is reported that Bernanke was asked why interest rates were so low. He is supposed to have responded, "...at the present time the major industrial economies apparently cannot sustain significantly higher real rates of return..."

One wonders if he was aware of the irony in that statement. Capitalist economies can no longer return a profit. Somewhere Marx is smiling.

Ben Bernanke has said things that are in-content Marxist before. You could just as well say that he has said things that are "true" before.