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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
Devaluation
Rampant
Commodities
Inflation
Commodity
Live
Hard
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Money must exist before it can be turned into capital.
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Capital creates space-time.
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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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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 common-sense notion that 'there is a time and a place for everything' gets carried into a set of prescriptions which replicate the social order by assigning social meanings to spaces and times.
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Individual capitalists, in short, necessarily act in such a way as to de-stabilize capitalism.
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Money could not be converted into capital if wage labour did not exist.
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The accumulation of capital involves the expansion of value over time.
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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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The only solution to the contradictions of capitalism entails the abolition of wage labour.
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