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Quote by David Graeber

“Marx and Engels, in their giddy enthusiasm for the industrial revolutions of their day, [...] were wrong to predict that market competition would compel factory owners to-go on with mechanization anyway. If it didn't happen, it can only be because market competition is not, in fact, as essential to the nature of capitalism as they had assumed. If nothing else, the current form of capitalism, where much of the competition seems to take the form of internal marketing within the bureaucratic structures of large semi-monopolistic enterprises, would presumably have come as a complete surprise to them.”

Quote by David Graeber

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David Graeber
David Graeber

David Graeber is an American anthropologist known for his research on economic anthropology, anarchism, and critical theory. His work explores the issues of economic relationships and power structures in modern society. more

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