Source: 1860s, Second State of the Union address (1862)
“The essence of capital is its ability to mobilize social labor by buying labor power and setting it to work. This requires a market in which the capacity of human beings to work can be bought and sold like any other commodity: buyers of labor power offer wages, which sellers accept in return for a commodity, their own labor.”
Source: Europe and the People Without History, 1982, Chapter 12 The New Laborers, p. 354.
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Eric Wolf 24
American anthropologist 1923–1999Related quotes
(1847)
Afterword, p. 386.
Europe and the People Without History, 1982
“Any labor which competes with slave labor must accept the economic conditions of slave labor.”
Source: The Human Use of Human Beings (1950), p. 162
Source: Europe and the People Without History, 1982, Chapter 10, Crises and Differentiation in Capitalism, p. 298.
Joel Blau and Mimi Abramovitz, The Dynamics of Social Welfare Policy (Oxford University Press: 2010) p. 68
"Who Owns the Benefit? The Free Market as Full Communism" https://theanarchistlibrary.org/library/kevin-carson-who-owns-the-benefit-the-free-market-as-full-communism (2012)