Only when the stock of wealth can be related to human energ… - Eric Wolf

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Only when the stock of wealth can be related to human energy by purchasing living energy as "labor power", offered for sale by people who have no other means of using their labor to ensure their livelihood: and only when it can relate that labor power to purchased machines - embodiments of past transformation of nature by human energy expended in the past - only then does "wealth" become "capital".

Eric Wolf

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About Eric Wolf

Eric Robert Wolf (February 1, 1923 – March 6, 1999) was an anthropologist, best known for his studies of peasants, , and his advocacy of Marxian perspectives within anthropology. He held a joint position as a Distinguished Professor at both Lehman College and the beginning in 1971, where he spent the remainder of his career.

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Native Name: Eric Robert Wolf

Alternative Names: Eric R. Wolf

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Originators like Eric Wolf:

Karl Marx David Harvey Paul A. Baran Eric Roll, Baron Roll of Ipsden Karl Polanyi

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The rise of industrial capitalism thus rested on the maintenance of slavery in another part of the world, even though that slavery was no longer dependent on the continuation of the slave trade.

Our methods were becoming more sophisticated, but their yield seemed increasingly commonplace. To stem a descent into triviality, I thought, we needed to search out the causes of the present in the past.

Before capitalist relations could come to dominate industrial production, a set of related changes was required to guarantee the new order. The state had to be transformed from a tributary structure to a structure of support for capitalist enterprise.

Only when the stock of wealth can be related to human energy by purchasing living energy as "labor power", offered for sale by people who have no oth… - Eric Wolf

About Eric Wolf

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