Margaret Drabble: Capital Collapse
on Wednesday, June 5, 2019Margaret Drabble Money Quote saying there is no doubt that capitalism will collapse and barter will replace profiting. Home vegetable gardens will proliferate. Margaret Drabble said:
“I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest” — Margaret Drabble
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In this quote, Margaret Drabble is making a prediction about the eventual downfall of capitalism. She confidently forecasts that something will go wrong in the financial system where money is used to generate more money through banking and investments. Drabble believes this will lead to a total collapse of the banking system.
In the aftermath, she envisions people having to resort to bartering the goods they have just to survive, as money and the economy cease to function normally. She suggests those with skills like gardening to grow food will be better positioned than others who lack resources.
Overall, the quote reflects Drabble’s view that capitalism’s emphasis on wealth accumulation through financial means rather than direct production will prove unsustainable and usher in a new post-capitalist era.