Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

Activity

You added a note
7 years, 9 months ago

two symbolic systems side by side

The irony is that the need to find a physical material representation for social values led to the adoption of an unimpeachable metallic base (gold and silver) for money that was so dysfunctional for daily use that it required symbolic representation of itself (paper and electronic moneys) to be ef…

—p.62 Marx, Capital and the Madness of Economic Reason Money as the Representation of Value (51) by David Harvey
You added a note
7 years, 9 months ago

soon becomes its despotic master

[...] What originally appeared as a means to promote production becomes a relation alien to the producers. As the producers become more dependent on exchange, exchange appears to become more independent of them. Money is introduced as the servant of exchange but soon becomes its despotic master. Ad…

—p.61 Money as the Representation of Value (51) by David Harvey
You added a section
7 years, 9 months ago
You added a note
7 years, 9 months ago

the point of realisation

[...] we know from the analysis of the circulation of capital that a great deal of appropriation of value through predation occurs at the point of realisation. Increasing the minimum wage or creating a basic income will amount to naught if hedge funds buy up foreclosed houses and pharmaceutical pat…

—p.47 Capital, the Book (24) by David Harvey
You added a note
7 years, 9 months ago

the utopian vision of free market capitalism

[...] the most far-reaching and significant of Marx's assumptions concerns the unchallenged power of private property rights in both production and exchange. It is in this context that he also assumes perfect competition in the market place. He accepts Adam Smith's theory of 'the hidden hand' altho…

—p.25 Capital, the Book (24) by David Harvey