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Rampant inflation is just as hard to live with as the devaluation of commodities.

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
Hard
Devaluation
Rampant
Commodities
Inflation
Commodity
Live

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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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Speculation in land may be necessary to capitalism, but speculative orgies periodically become a quagmire of destruction for capital itself.
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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 equilibrium between supply and demand is achieved only through a reaction against the upsetting of the equilibrium.
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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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Individual capitalists, in short, necessarily act in such a way as to de-stabilize capitalism.
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Money must exist before it can be turned into capital.
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Cities begin to use cultural production as a way to market their city as being unique and special. Of course, the problem with this is that much of culture is very easy to replicate. The uniqueness begins to disappear. Then, we have what I call the Disneyfication of society.
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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 accumulation of capital and misery go hand in hand, concentrated in space.
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