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

technological fixes for all problems archive/dissertation

[...] when technology becomes an independent business, it no longer responds primarily to needs, but it creates innovations that have to find and define new markets. It has to create new wants, needs and desires not only on the part of producers (through productive consumption) but also, as we see …

—p.125 Marx, Capital and the Madness of Economic Reason The Question of Technology (107) by David Harvey
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9 years, 1 month ago
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9 years, 1 month ago

leached out of the general circulation

[...] If investors seek speculative gains in price-fixing markets for assets which have no value (such as art objects or currency and carbon futures) instead of investing in value and surplus value creation, then this indicates a pathway by which value can be leached out of the general circulation …

—p.94 Prices without Values (94) by David Harvey
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9 years, 1 month ago
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9 years, 1 month ago

costs of circulation in the market

Marx agreed that workers employed in circulation (e.g., in marketing) do not produce value (otherwise he would have to concede that value could be produced by market exchange). They can, however, be a source of surplus value. They are like machines which cannot produce value but whose use can incre…

—p.87 Anti-Value: The Theory of Devaluation (72) by David Harvey