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Quote by David Harvey

“We saw this contradiction in action in Marx's analysis of struggles over the length of the working day. Individual capitalists, we there discovered, each of them acting in his or her own self-interest and locked in competitive struggle with each other, can produce an aggregative result which goes against their class interest seen as a whole. By their individual action they can endanger the basis for accumulation. And since accumulation is the means whereby the capitalist class reproduces itself, they can endanger the basis for their own reproduction. They are then forced to constitute themselves as a class — usually through the agency of the state — and to put limits upon their own competition. But in so doing they are forced to intervene in the exchange process — in this instance in the labour market -- and thereby to offend the rules of individuality and freedom in exchange.”

Quote by David Harvey

Work

The Limits to Capital

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Author

David Harvey
David Harvey

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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