Quotessence
Home / Quotes / Quote by David Harvey

Quote by David Harvey

“... 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?”

Quote by David Harvey

Book:Marx, Capital and the Madness of Economic Reason
Create image

Work

Marx, Capital and the Madness of Economic Reason

Browse quotes and source details for this work. more

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

You May Also Like

“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.”

CapitalismImprovementCapitalPsychoterapy
Book:Žižek in the Clinic: A Revolutionary Proposal for a New Endgame in Psychotherapy
Create image

“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?”

HistoryEconomicsSlaveryGreedCottonCapitalDixieConfederate States Of AmericaPlantation
Book:Down to Earth: Nature's Role in American History
Create image

“[T]hat we collectively value the 'growth' of capital as the final purpose of our economy is not reducible to the reigning ideology of neoliberal capitalism. Rather, the purpose of our economy is beyond democratic deliberation under any form of capitalism, since the defining purpose of capital accumulation is built into how we produce our social wealth in the first place.”

DemocracyCapitalismCapitalNeoliberalismWealth Accumulation
Book:This Life: Secular Faith and Spiritual Freedom
Create image