But the situation would be far more serious for capitalism if it was not a matter of an extraordinarily high rate of interest but rather an extremely low rate of profit.
Reeves in a piece for the Brookings Institute. When more value comes from the economic process than the value that we put in, the process is profitable. Competition for consumers in a free market creates the best lowest prices possible.
As long as the owner stays within the parameters of the law, which generally are broad in capitalist systems, he may do what he wants with the property he owns.
Many Marxists see this tendency as the crucial factor that dooms the capitalist system to perish in the long run. In our nomadic days, the daily rate of per capita energy consumption was around 5, kilocalories.
If the rate of profit is no higher than the rate of interest—or not significantly higher than the rate of interest—the capitalists will have little or no incentive to act as industrial capitalists and will instead transform themselves into money capitalists. The central features of our natural existence, as living organisms and as human beings, emerge from the collective interactions described by these core physical realities.
But the very nature of capitalism precludes this.