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Money could not be converted into capital if wage labour did not exist. - David Harvey
" "Money could not be converted into capital if wage labour did not exist.
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About David Harvey
David Harvey (born 31 October 1935) is an English geographer and the Distinguished Professor of Geography and Anthropology at the Graduate Center of the City University of New York (CUNY). His work has contributed greatly to broad social and political debate, most recently he has been credited with helping to bring back social class and Marxist methods as serious methodological tools in the critique of global capitalism, particularly in its neoliberal form.
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David W. Harvey
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Harvey, David, 1935-
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It’s important to recognize the class origins of this project, which occurred in the 1970s when the capitalist class was in a great deal of difficulty, workers were well organized and were beginning to push back. Like any ruling class, they needed ruling ideas. So, the ruling ideas were that freedom of the market, privatization, entrepreneurialism of the self, individual liberty and all the rest of it should be the ruling ideas of a new social order, and that was the order that got implemented in the 1980s and 1990s.
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