This is one of the many intersections between capitalism and imperialism. Marx said that capitalism would destroy itself when the rate of profit declined as it

This is one of the many intersections between capitalism and imperialism. Marx said that capitalism would destroy itself when the rate of profit declined as it extracted too much from the working class. However, all the bourgeoisie economists claim Marx was wrong despite this simple and compelling model. After all, the rate of profit didn't decline. How did they (the capitalists) do it? They did it by expanding markets constantly, invading third world countries to "liberate" their labor forces, synthesizing want via advertising, and many other means. Now that we are in a globalized economy, we are running out of new markets and cash is just sloshing around. The capitalist class has slashed away as best they can at the welfare state, reducing the possibility of radical redistribution that could right the ship. Maybe now Marx's prediction will have a chance to come true.