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Money could not be converted into capital if wage labour did not exist.
David Harvey
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David Harvey
Age: 89
Born: 1935
Born: October 31
Anthropologist
Economist
Geographer
Professor
University Teacher
Urban Planner
Gillingham
Kent
David W. Harvey
Converted
Wage
Capital
Labour
Exist
Money
More quotes by David Harvey
The accumulation of capital involves the expansion of value over time.
David Harvey
The equilibrium between supply and demand is achieved only through a reaction against the upsetting of the equilibrium.
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Individual capitalists, in short, necessarily act in such a way as to de-stabilize capitalism.
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The only solution to the contradictions of capitalism entails the abolition of wage labour.
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The net worth of the 358 richest people in the world was then found to be 'equal to the combined income of the poorest 45 per cent of the worlds population - 2.3 billion people.
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If Occupy Wall Street can see their way to more collaboration with the union movement, then there will be a great deal of political action possible.
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When money functions as measure of value it must truly represent the values it helps to circulate.
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The invocation of social necessity should alert us. It contains the seeds for Marx's critique of political economy as well as for his dissection of capitalism.
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Capitalists behave like capitalists wherever they are. They pursue the expansion of value through exploitation without regard to the social consequences.
David Harvey
The social relations of capitalism have penetrated slowly into all spheres of life to make wage labour the general condition of existence only in fairly recent times.
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Rampant inflation is just as hard to live with as the devaluation of commodities.
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Individual capitalists, in short, behave in such a way as to threaten the conditions that permit the reproduction of the capitalist class.
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Capital creates space-time.
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The net effect of increasing scale, centralization of capital, vertical integration and diversification within the corporate form of enterprise has been to replace the 'invisible hand' of the market by the 'visible hand' of the managers.
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The capacity to transform itself from the inside makes capitalism a somewhat peculiar beast - chameleon-like, it perpetually changes it colour snake-like, it periodically sheds its skin.
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What kind of city we wish to build should reflect our personal wishes and needs.
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The main substantive achievement of neoliberalism has been to redistribute rather than to generate wealth and income.
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The freedom to make and remake our cities and ourselves is, I want to argue, one of the most precious yet most neglected of our human rights.
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The geographical movement of money and commodities as capital is not the same as the movements of products and of precious metals. Capital is, after all, money used in a certain way, and is by no means identical with all money uses.
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The accumulation of capital and misery go hand in hand, concentrated in space.
David Harvey