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"Money could not be converted into capital if wage labour did not exist."
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David Harvey"If, for example, a conspiratorially minded elite is so powerful, has at its fingertips such multiple and delicate instruments with which to fine-tune accumulation, then how can the periodic headlong slides into crisis be explained?"
David William Harvey is a British-American academic best known for Marxist analyses that focus on urban geography as well as the economy more broadly. He is a Distinguished Professor of anthropology and geography at the Graduate Center of the City University of New York (CUNY). Harvey has authored many books and essays that have been prominent in the development of modern geography as a discipline
"Money could not be converted into capital if wage labour did not exist."
"Marx set out to resolve the contradictions and to correct the errors in classical political economy. In this he thought he had succeeded very well. Judging by the sound and the fury of the controversy surrounding his interpretations, he either succeeded too well or deluded himself to the success of his enterprise."
"The social relations of capitalism have penetrated slowly into all spheres of life to make wage labour the general condition of existence only in fairly recent times."
"The inner logic that governs the laws of motion of capitalism is cold, ruthless and inexorable, responsive only to the law of value. Yet value is a social relation, a product of a particular historical process. Human beings were organizers, creators and participants in that history. We have, Marx asserts, built a vast social enterprise which dominates us, delimits our freedoms and ultimately visits upon us the worst forms of degradation."
"If all money capital invests in appropriation and none in actual production, than capitalism is not long for this world."
"There is, in short, no spatial fix that can contain the contradictions of capitalism in the long run."