Quotessence
Home / Quotes / Quote by Michael Löwy

Quote by Michael Löwy

Work

Author

Michael Löwy

Browse famous quotes and profile details for Michael Löwy. more

You May Also Like

“... The Banks, as we now all too well know, must be rescued no matter what. 'The value of commodities is thus sacrificed in order to ensure the fantastic and autonomous existence of this value in money. In any event, a money value is only guaranteed as long as money itself is guaranteed.' Inflation, as we also know, must be kept under control at all costs. 'This is why many millions' worth of commodities have to be sacrificed for a few millions in money. This is unavoidable in capitalist production and forms one of its particular charms.' Use values are sacrificed and destroyed no matter what is the social need. How insane is that?”

“Capital recapturing the system of the psychotherapy industry ensures that the main goal of client improvement for client improvement sake is replaced by goals that are more marketable, such as fewer bad feelings or a better-behaved child for your parental dollar investment. Progress that isn’t immediately understood by a lay person may be tossed aside as unimportant, but these complex concepts simply are not unimportant.”

“The reluctance of southern planters to grow food stemmed from more than simply greed and economic self-interest. A major concern involved what to do with their slaves, who would have more time on their hands if not out tending cotton. Planting corn exacted much time during the planting and cultivation stages, but came nowhere near matching the long cotton-picking season, which typically lasted four and often five full months. As one Georgia newspaper put it, 'No grain crop in this climate needs cultivation more than four months of the year, the remainder of the working season is unemployed. Can the farmer afford to keep his negroes, horses, and other capital idle and 'eating their heads off' for the balance of the season?”