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Quote by Leo Tolstoy

“That which constitutes the cause of the economic poverty of our age is what the English call over-production (which means that a mass of things are made which are of no use to anybody, and with which nothing can be done).”

Book:On the Significance of Science and Art

Work

On the Significance of Science and Art

This book delves into the profound connections between the disciplines of science and art, examining how they influence and inspire each other. It explores the historical and contemporary relationships between these fields, highlighting their shared goals of understanding and interpreting the world. more

Author

Leo Tolstoy

Leo Tolstoy was a Russian writer and thinker, a prominent representative of 19th-century Russian literature. His works deeply revealed social contradictions and human nature, and had a profound impact on the world. more

“Beyond the speculative and often fraudulent froth that characterizes much of neoliberal financial manipulation, there lies a deeper process that entails the springing of ‘the debt trap’ as a primary means of accumulation by dispossession. Crisis creation, management, and manipulation on the world stage has evolved into the fine art of deliberative redistribution of wealth from poor countries to the rich. I documented the impact of Volcker’s interest rate increase on Mexico earlier. While proclaiming its role as a noble leader organizing ‘bail-outs’ to keep global capital accumulation on track, the US paved the way to pillage the Mexican economy. This was what the US Treasury–Wall Street–IMF complex became expert at doing everywhere. Greenspan at the Federal Reserve deployed the same Volcker tactic several times in the 1990s. Debt crises in individual countries, uncommon during the 1960s, became very frequent during the 1980s and 1990s. Hardly any developing country remained untouched, and in some cases, as in Latin America, such crises became endemic. These debt crises were orchestrated, managed, and controlled both to rationalize the system and to redistribute assets. Since 1980, it has been calculated, ‘over fifty Marshall Plans (over $4.6 trillion) have been sent by the peoples at the Periphery to their creditors in the Center’. ‘What a peculiar world’, sighs Stiglitz, ‘in which the poor countries are in effect subsidizing the richest.”

Capitalism Debt Neoliberalism Harvey Crises Shock Therapy Capital Accumulation Debt Crises The Shock Doctrine

Book:A Brief History of Neoliberalism

Source: A Brief History of Neoliberalism

“Most economic histories of the "world" not only omit most extra-European production and exchange (even most of that outside West Europe or even northwest Europe); they neglect the participation of the productive and exchange activities of extra-European countries in the European, not to say world, process of accumulation and development. Moreover, they disregard the part that these productive and exchange relations played in the developing world system.”

Development Europe Production Exchange Economic History Capital Accumulation World System

Book:World Accumulation 1492-1789

Source: World Accumulation 1492-1789

“When the old way of seeing was displaced, a hollowness came into architecture. Our buildings show a constant effort to fill that void, to recapture that sense of life which was once to be found in any house or shed. Yet the sense of place is not to be recovered through any attitude, device, or style, but through the principles of pattern, spirit, and context." - Jonathan Hale, The Old Way of Seeing, 1994”

Building Architecture American Architecture New Urbanism

Book:The Old Way of Seeing

Source: The Old Way of Seeing