"Presented with the prospect of its own eternity, capitalism-or anyway, financial capitalism-simply explodes. Because if there's no end to it, there's absolutely no reason not to generate credit-that is, future money-infinitely. Recent events would certainly seem to confirm this. The period leading up to 2008 was one in which many began to believe that capitalism really was going to be around forever; at the very least, no one seemed any longer to be able to imagine an alternative. The immediate effect was a series of increasingly reckless bubbles that brought the whole apparatus crashing down."
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Original Language: English
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Sources
David Graeber, Debt: The First 5000 Years (2011), p. 360.
https://en.wikiquote.org/wiki/Economics
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Economics
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