A Quote by Rafael Correa

The workforce in Latin America was treated as a vulgar instrument for capital accumulation.

Rafael Correa

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Accumulation America Capital Instrument Latin Latin America Treated Vulgar Workforce

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Rafael Correa
Ecuadorian - Politician
Born: April 6, 1963

What we've undergone in recent decades worldwide has been totally insane, and all of this is a result of capitalism. The workforce in Latin America was treated as a vulgar instrument for capital accumulation. Mechanisms of exploitation were imposed, such as outsourcing, labor mediation, and the like.The results are plain to see: greater inequality in Latin America; unemployment is higher than in previous decades; we haven't resolved the problem of poverty; we've lost a great deal of sovereignty.

Rafael Correa

If it is an element of liberation for Latin America, I believe that it should have demonstrated that. Until now, I have not been aware of any such demonstration. The IMF performs an entirely different function: precisely that of ensuring that capital based outside of Latin America controls all of Latin America.

Che Guevara

Remember that accumulated knowledge, like accumulated capital, increases at compound interest: but it differs from the accumulation of capital in this; that the increase of knowledge produces a more rapid rate of progress, whilst the accumulation of capital leads to a lower rate of interest. Capital thus checks it own accumulation: knowledge thus accelerates its own advance. Each generation, therefore, to deserve comparison with its predecessor, is bound to add much more largely to the common stock than that which it immediately succeeds.

Charles Babbage

Most of intellectuals are false prophets, flatterers of the court. The real prophets are the exception and treated badly. How badly they're treated depends on the society. Like in Eastern Europe, they were treated very badly. In Latin America, they were slaughtered.

Noam Chomsky

I'd love to do some collabs or music with Latin artists and in Latin America - we're working on it! I just really love Latin America and the language, culture, foods, people, and it's a place I grew up visiting pretty often.

Eric Nam

The most important thing Paris gave me was a perspective on Latin America. It taught me the differences between Latin America and Europe and among the Latin American countries themselves through the Latins I met there.

Gabriel Garcia Marquez

A tax on capital is self-defeating, in that it slows down capital accumulation, investment and economic growth.

Maxime Bernier

We think, fundamentally, that the future story of Latin America, not only of Mexico but for all of Latin America, will be constructed from the bottom - that the rest of what's happening, in any case, are steps.

Subcomandante Marcos

Latin America seemed to be a land where there were only dictators, revolutionaries, catastrophes. Now we know that Latin America can produce also artists, musicians, painters, thinkers, and novelists.

Mario Vargas Llosa

Immigration reform doesn't impact me personally; nothing my foundation works on does. But the truth is I have a long history of ties to Latin America. Some of my best friends are in Latin America.

Howard Graham Buffett

As a matter of fact, Latin America's economy is almost as big as the economy of China. We're all focused on China. Latin America is a huge opportunity for America - time zone, language opportunities.

Mitt Romney

The prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital accumulation.

Ludwig von Mises

What sets imperialism of the capitalist sort apart from other conceptions of empire is that it is the capitalist logic that typically dominates, though ... there are times in which the territorial logic comes to the fore. But this then poses a crucial question: how can the territorial logics of power, which tend to be awkwardly fixed in space, respond to the open spatial dynamics of endless capital accumulation? And what does endless capital accumulation imply for the territorial logics of power?

David Harvey

Latin America's economies are organized in a way that concentrates wealth in a few hands but then leaves it untaxed, depriving governments of the resources needed to invest in their citizens' human capital.

Denise Dresser

As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in its plants, mines and farms, it is one of the foremost tasks of good government to remove all obstacles that hinder the accumulation and investment of new capital.

Ludwig von Mises

The concept of unlimited expansion that alone can fulfill the hope for unlimited accumulation of capital, and brings about the aimless accumulation of power, makes the foundation of new political bodies - which up to the era of imperialism always had been the upshot of conquest - well-nigh impossible.

Hannah Arendt

A Quote by Rafael Correa

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