A Quote by David Harvey

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

David Harvey

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Become Capital Capitalism Destruction Itself Land May Necessary Quagmire Speculation Speculative

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David Harvey
British - Scientist
Born: October 31, 1935

Everyday I become more convinced, there is no doubt in my mind, and as many intellectuals have said, that it is necessary to transcend capitalism. But capitalism can't be transcended from with capitalism itself, but through socialism, true socialism, with equality and justice. I'm also convinced that it is possible to do it under democracy, but not in the type of democracy being imposed by Washington.

Hugo Chavez

WE ARE DESTROYING OUR COUNTRY - I mean our country itself, our land. This is a terrible thing to know, but it is not a reason for despair unless we decide to continue the destruction. If we decide to continue the destruction, that will not be because we have no other choice. This destruction is not necessary. It is not inevitable, except that by our submissiveness we make it so.

Wendell Berry

Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.

John Buchanan Robinson

The produce of the earth - all that is derived from its surface by the united application of labour, machinery, and capital, is divided among three classes of the community, namely, the proprietor of the land, the owner of the stock or capital necessary for its cultivation, and the labourers by whose industry it is cultivated.

David Ricardo

If I am right in supposing it to be comparatively easy to make capital-goods so abundant that the marginal efficiency of capital is zero, this may be the most sensible way of gradually getting rid of many of the objectionable features of capitalism.

John Maynard Keynes

Capitalism cannot reform itself; it is doomed to self-destruction.

W. E. B. Du Bois

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.

David Harvey

The inborn instability of capitalism has been part of the history of the system for several hundred years, including recurrent speculative episodes. There should be no doubt in anyone's mind that we're now having another one of those speculative episodes.

John Kenneth Galbraith

It seems to me self-evident that we cannot have capitalism without capital and, very importantly, that the ultimate source of all economic capital is Nature's capital

Prince Charles

Why precisely do we want to change land ownership? The answer seems to me to be quite clear: to inhibit land speculation, to inhibit the private exploitation of the scarcity-value of land, to inhibit as we might say the cornering of land.

E. F. Schumacher

I don't think the western world is questioning capitalism. Capitalism as a concept is not something that society has written off. But today, there is degree of caution around capitalism. We believe in compassionate capitalism. Growth for growth's sake can never be an end in itself.

Kumar Mangalam Birla

In addition to offering benefits to those who invest, carry out research, and create jobs, higher taxes on land and real-estate speculation would redirect capital toward productivity-enhancing spending - the key to long-term improvement in living standards.

Joseph Stiglitz

I know the difference between venture capital[ism] and vulture capitalism. Venture capitalism is a good thing, comes in, gives that gap funding to help these companies get off and get started creating jobs, and work. But Mitt Romney and Bain Capital were involved with what I call vulture capitalism. And they walked into Gaffney and took over that photo album company for no other reason than to basically pick the bones clean. And those people lost their jobs.

Rick Perry

The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to see our economy really grow, we need to encourage migratory capital to become productive capital - capital invested for the long-term in empowering innovations.

Clayton M. Christensen

Just as any revolution eats its children, unchecked market fundamentalism can devour the social capital essential for the long-term dynamism of capitalism itself.

Mark Carney

I believe that the abolition of private ownership of land and capital is a necessary step toward any world in which the nations are to live at peace with one another.

Bertrand Russell

A Quote by David Harvey

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