Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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9 years, 1 month ago

equalisation of the rate of exploitation

[...] Different productivities of labour according to natural differences (e.g., cheap food from fertile land in a favourable climate), the different definitions of wants, needs and desires according to natural and cultural situation and the dynamics of class struggles, mean that the equalisation o…

—p.155 The Production of Value Regimes (154) by David Harvey
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9 years, 1 month ago
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9 years, 1 month ago

fixed capital circulation

But for fixed capital circulation to be fully effective, a number of preconditions must exist:

[...]

This requires 'a certain level of productivity and of relative overabundance, and more specifically, a level directly related to the transformation of the circulating capital into fixed capita…

—p.147 The Space and Time of Value (127) by David Harvey
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9 years, 1 month ago