David Harvey - Capital Quotes

15 Sourced Quotes

View all David Harvey Quotes
Massive concentration of financial power, accompanied by the machinations of finance capital, can as easily de-stabilize as stabilize capitalism.

David Harvey
Neoliberalization has not been very effective in revitalizing global capital accumulation, but it has succeeded remarkably well in restoring, or in some instances (as in Russia and China) creating, the power of an economic elite. The theoretical utopianism of neoliberal argument has, I conclude, primarily worked as a system of justification and legitimation for whatever needed to be done to achieve this goal.

David Harvey
Speculation in land may be necessary to capitalism, but speculative orgies periodically become a quagmire of destruction for capital itself.

David Harvey
The accumulation of capital involves the the expansion of value over time.

David Harvey
The accumulation of capital and misery go hand in hand, concentrated in space.

David Harvey
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.

David Harvey
Skills that are monopolizable are anathema to capital.

David Harvey
Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale.

David Harvey
Not only must weapons be bought and paid for out of surpluses of capital and labour, but they must also be put to use. For this is the only means that capitalism has at its disposal to achieve the level of devaluation now required. The idea is dreadful in its implications. What better reason could there be to declare that it is time for capitalism to be gone, to give way to some saner mode of production?

David Harvey
Money must exist before it can be turned into capital.

David Harvey
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.

David Harvey
The onset of a crisis is usually triggered by a spectacular failure which shakes confidence in fictitious forms of capital.

David Harvey
Money could not be converted into capital if wage labour did not exist.

David Harvey
If all money capital invests in appropriation and none in actual production, than capitalism is not long for this world.

David Harvey
Capitalism will never fall on its own. It will have to be pushed. The accumulation of capital will never cease. It will have to be stopped. The capitalist class will never willingly surrender its power. It will have to be dispossessed.

David Harvey