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When money functions as measure of value it must truly represent the values it helps to circulate.

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
Helping
Functions
Money
Represent
Must
Helps
Measure
Function
Truly
Value
Values
Circulate

More quotes by David Harvey

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Speculation in land may be necessary to capitalism, but speculative orgies periodically become a quagmire of destruction for capital itself.
David Harvey
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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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The only solution to the contradictions of capitalism entails the abolition of wage labour.
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Individual capitalists, in short, necessarily act in such a way as to de-stabilize capitalism.
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What kind of city we wish to build should reflect our personal wishes and needs.
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The accumulation of capital and misery go hand in hand, concentrated in space.
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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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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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The accumulation of capital involves the expansion of value over time.
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All rent is based on the monopoly power of private owners of certain portions of the globe.
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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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Capital creates space-time.
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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 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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Capitalists behave like capitalists wherever they are. They pursue the expansion of value through exploitation without regard to the social consequences.
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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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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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We're supposed to live under capitalism, and capitalism is supposed to be competitive so you would expect that capitalists and entrepreneurs would like competition. Well, it turns out that capitalists do everything they can to avoid competition.
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Money must exist before it can be turned into capital.
David Harvey