Economics quotes

Economics quotes by Karl Marx

Also about
Capitalism, Money, Value, Society, Marxism, Labor
The need of a constantly expanding market for its products chases the bourgeoisie over the whole surface of the globe. It must nestle everywhere, settle everywhere, establish connexions everywhere. Capitalist production, therefore, develops technology, and the combining together of various processes into a social whole, only by sapping the original sources of all wealth - the soil and the labourer. Under the ideal measure of values there lurks the hard cash. The mode of production of material life determines the social, political and intellectual life process in general. It is not the consciousness of men that determines their being, but, on the contrary, their social being that determines their consciousness. A commodity has a value because it is a crystallization of social labor. The greatness of its value, or its relative value, depends upon the greater or less amount of that social substance contained in it; that is to say, on the relative mass of labor necessary for its production. Political Economy regards the proletarian ... like a horse, he must receive enough to enable him to work. It does not consider him, during the time when he is not working, as a human being. We cannot tell by looking at the diamond that it is a commodity. When it serves as a use-value, asthetic or mechanical, on the breast of a harlot, or in the hand of a glasscutter, it is a diamond and not a commodity. Money is a crystal formed of necessity in the course of the exchanges. Machinery which is not used is not capital.
Marxism is essentially a product of the bourgeois mind.
Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production. Economic progress, in capitalist society, means turmoil. Our poverty will be brought home to us to its full extent only after the war. Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.