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84

Creative Destruction on the Land

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terms
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notes

Harvey, D. (2011). Creative Destruction on the Land. In Harvey, D. The Enigma of Capital: and the Crises of Capitalism. Profile Books, pp. 84-105

89

But why this revolutionary impulse in the heart of capitalism and why is capitalism so different from other modes of production? Human beings are clearly fascinated by the perpetual pursuit of novelty, but the social and cultural conditions under which such a fascination can become a central driving force in human evolution are very special. Most hitherto-existing social orders were inherently conservative. They sought to preserve the status quo, to protect a ruling class and repress human impulses towards innovation and new ideas. [...]

—p.89 by David Harvey 4 years, 8 months ago

But why this revolutionary impulse in the heart of capitalism and why is capitalism so different from other modes of production? Human beings are clearly fascinated by the perpetual pursuit of novelty, but the social and cultural conditions under which such a fascination can become a central driving force in human evolution are very special. Most hitherto-existing social orders were inherently conservative. They sought to preserve the status quo, to protect a ruling class and repress human impulses towards innovation and new ideas. [...]

—p.89 by David Harvey 4 years, 8 months ago

a proposed economic phenomenon whereby profits decrease over time (as monopolistic forces decline), in a cycle; phases: expansion, stagnation, and recession

96

it has long been argued that there are so-called 'long waves' or 'Kondratieff cycles' lasting on average fifty years in capitalist developmental history based upon tehcnological innovations

he thinks the theory is incomplete (doesn't account for cultural/organisational shifts?)

—p.96 by David Harvey
notable
4 years, 8 months ago

it has long been argued that there are so-called 'long waves' or 'Kondratieff cycles' lasting on average fifty years in capitalist developmental history based upon tehcnological innovations

he thinks the theory is incomplete (doesn't account for cultural/organisational shifts?)

—p.96 by David Harvey
notable
4 years, 8 months ago