Ellen Meiksins Wood
Born
in New York, The United States
April 12, 1942
Died
January 14, 2016
Genre
Influences
More books by Ellen Meiksins Wood…
“Capitalism is also incapable of promoting sustainable development, not because it encourages technological advances that are capable of straining the earth's resources but because the purpose of capitalist production is exchange value not use value, profit not people.”
― The Origin of Capitalism: A Longer View
― The Origin of Capitalism: A Longer View
“Capitalism differs from other social forms because producers depend on the market for access to the means of production (unlike, for instance, peasants, who remain in direct, non-market possession of land); while appropriators cannot rely on 'extra-economic' powers of appropriation by means of direct coercion - such as the military, political and judicial powers that enable feudal lords to extract surplus labour from peasants - but must depend on the purely 'economic' mechanisms of the market. This distinct system of market dependence means that the requirements of competition and profit-maximization are the fundamental roles of life. Because of these rules, capitalism is a system uniquely driven to improve the productivity of labour by technical means. Above all, it is a system in which the bulk of society's work is done by propertyless labourers who are obliged to sell their labour-power in exchange for a wage in order to gain access to the means of life and of labour itself.”
― The Origin of Capitalism: A Longer View
― The Origin of Capitalism: A Longer View
“[T]he characteristic ideology that set England apart from other European cultures was above all the ideology of 'improvement': not the Enlightenment idea of the improvement of humanity but the improvement of property, the ethic - and indeed the science - of profit, the commitment to increasing the productivity of labour, the production of exchange value, and the practice of enclosure and dispossession.”
― The Origin of Capitalism: A Longer View
― The Origin of Capitalism: A Longer View
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