35 quotes
A work of this sort admits no conclusion.
The Limits To Capital (2006)
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.
The Limits To Capital (2006)
Massive concentration of financial power, accompanied by the machinations of finance capital, can as easily de-stabilize as stabilize capitalism.
The Limits To Capital (2006)
Speculation in land may be necessary to capitalism, but speculative orgies periodically become a quagmire of destruction for capital itself.
The Limits To Capital (2006)
The net worth of the 358 richest people in the world was then found to be 'equal to the combined income of the poorest 45 per cent of the worlds population - 2.3 billion people.'
The Limits To Capital (2006)
The only solution to the contradictions of capitalism entails the abolition of wage labour.
The Limits To Capital (2006)
Money could not be converted into capital if wage labour did not exist.
The Limits To Capital (2006)
The invocation of social necessity should alert us. It contains the seeds for Marx's critique of political economy as well as for his dissection of capitalism.
The Limits To Capital (2006)
" workers then have a strong stake in the preservation of the very system that exploits them because the destruction of that system entails the destruction of their savings."
The Limits To Capital (2006)
The capacity to transform itself from the inside makes capitalism a somewhat peculiar beast - chameleon-like, it perpetually changes it colour; snake-like, it periodically sheds its skin.
The Limits To Capital (2006)
Capitalists behave like capitalists wherever they are. They pursue the expansion of value through exploitation without regard to the social consequences.
The Limits To Capital (2006)
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?
The Limits To Capital (2006)
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 Limits To Capital (2006)
The geographical movement of money and commodities as capital is not the same as the movements of products and of precious metals. Capital is, after all, money used in a certain way, and is by no means identical with all money uses.
The Limits To Capital (2006)
But the net effect of increasing scale, centralization of capital, vertical integration and diversification within the corporate form of enterprise has been to replace the 'invisible hand' of the market by the 'visible hand' of the managers.
The Limits To Capital (2006)