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Quote by David Harvey

“Massive concentration of financial power, accompanied by the machinations of finance capital, can as easily de-stabilize as stabilize capitalism.”

Quote by David Harvey

Author

David Harvey, born on October 31, 1935, is a renowned British geographer, Marxist theorist, and social theorist. He has conducted extensive research in the field of geography, particularly on issues of capital accumulation, urban geography, and postmodern geography. Professor Harvey's work has had a profound impact on academic research and political movements worldwide. more

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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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“Marx set out to resolve the contradictions and to correct the errors in classical political economy. In this he thought he had succeeded very well. Judging by the sound and the fury of the controversy surrounding his interpretations, he either succeeded too well or deluded himself to the success of his enterprise.”

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“Skills that are monopolizable are anathema to capital.”

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“Technological change can become 'fetishized' as a 'thing in itself', as an exogenous guiding force in the history of capitalism.”

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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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“Individual capitalists, in short, necessarily act in such a way as to de-stabilize capitalism.”

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“Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale.”

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“But planned obsolescence is possible only if the rate of technological change is contained.”

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“Money could not be converted into capital if wage labour did not exist.”

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“If all money capital invests in appropriation and none in actual production, then capitalism is not long for this world.”

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Author:David Harvey