The essence of capital is its ability to mobilize social labor by buying labor power and setting it to work. This requires a market in which the capa… - Eric Wolf

" "

The essence of capital is its ability to mobilize social labor by buying labor power and setting it to work. This requires a market in which the capacity of human beings to work can be bought and sold like any other commodity: buyers of labor power offer wages, which sellers accept in return for a commodity, their own labor.

English
Collect this quote

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.

Also Known As

Native Name: Eric Robert Wolf
Alternative Names: Eric R. Wolf
Go Premium

Support Quotewise while enjoying an ad-free experience and premium features.

View Plans

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by Eric Wolf

Slaving gave rise to a division of labor in which the business of capture, maintenance, and overland transport of slaves was in African hands, while Europeans took charge of transoceanic transport, the "seasoning" or breaking in of slaves, and their eventual distribution.

Enhance Your Quote Experience

Enjoy ad-free browsing, unlimited collections, and advanced search features with Premium.

Loading...