A Quote by David Harvey

Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale. — © David Harvey
Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale.
As a beast of toil an ox is fixed capital. If he is eaten, he no longer functions as an instrument of labour, nor as fixed capital either.
One of the hardest things to do is to get capital. That's where we, as black business, struggles. And the other place we struggle is scale, and because we don't have an access to capital, we cannot scale.
I'm not a big believer in revolutions. What people call revolutions in technology were more of a shift in perception - from big machines to PC's (the technology just evolved, fairly slowly at that), and from PC's to the internet. The next "revolution" is going to be the same thing - not about the technology itself being revolutionary, but a shift in how you look at it and how you use it.
The two revolutions, I mean the annual revolutions of the declination and of the centre of the Earth, are not completely equal; that is the return of the declination to its original value is slightly ahead of the period of the centre. Hence it necessarily follows that the equinoxes and solstices seem to anticipate their timing, not because the sphere of the fixed stars moves to the east, but rather the equatorial circle moves to the west, being at an angle to the plane of the ecliptic in proportion to the declination of the axis of the terrestrial globe.
It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion.
Our large size, capital base, robust funding profile, extensive distribution network, diversified portfolio, presence across the financial services sector, and leadership in technology position us very well to leverage the growth opportunities across the economy.
The devaluation of words and promises regarding free enterprise is, in principle, worse than the devaluation of the rouble
The solutions put forth by imperialism are the quintessence of simplicity...When they speak of the problems of population and birth, they are in no way moved by concepts related to the interests of the family or of society...Just when science and technology are making incredible advances in all fields, they resort to technology to suppress revolutions and ask the help of science to prevent population growth. In short, the peoples are not to make revolutions, and women are not to give birth. This sums up the philosophy of imperialism.
The Negro, however, has been tested on an extensive scale.
Silicon Valley has been a technology capital like New York is a financial capital.
If you paint a building shocking pink, that has no scale, it is just a huge mistake, but it's not in the scale of the city to have things like that. You know. So, not only because it's not appropriate, not only because it's offensive to the environment, I mean but among them also because that quantity of that color in the urban scale, is out of scale.
So the technology that does the least alteration of nature, the least harm to other species and systems, and provides the greatest intimacy of human with nature, is the best. We could make a scale with that in mind, and judge any technology by its place on that scale: speech and eyeglasses, say, would rank low; nuclear bombs and coal plants, high.
Even some of the greatest technology-led revolutions, or allegedly technology-led, really were only made possible because of trends already present.
I'll say that technology will make revolutions start happening faster, but it'll make them harder to finish. Technology can't create leaders and cause institutions to appear.
Technology has made it easier for different firms to coordinate their activities with one another, and they don't have to be part of one company. They can get the benefits of scale without the inertia of scale.
Before, revolutions used to have ideological names. They could be communist, they could be liberal, they could be fascist or Islamic. Now, the revolutions are called under the medium which is most used. You have Facebook revolutions, Twitter revolutions. The content doesn't matter anymore - the problem is the media.
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