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Immanuel Wallerstein on Capitalism

1930–2019 United States

← All quotes by Immanuel Wallerstein

1 quote

Production for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin.

Attribution

Quotes and notes from Wikiquote: Immanuel Wallerstein (page history), available under CC BY-SA 4.0.