“Without the parallel development of systems of monetary - and credit-based exchange there could have been no development of economies beyond the most primitive organizational forms and the most geographically restricted sales.”
Source: Global Shift (2003) (Fourth Edition), Chapter 13, The Financial Services Industries, p. 437
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Peter Dicken 20
British geographer 1938Related quotes

Source: ARIS architecture and reference models for business process management (2000), p. 376.

Source: Debt: The First 5,000 Years (2011), Chapter Two, "The Myth of Barter", p. 40
Source: Interest and Inflation Free Money (1995), Chapter Three, Who Would Profit From a New Monetary System?, p. 71

Vol. I, Ch. 15, Section 1, pg. 416.
(Buch I) (1867)
Source: Software Engineering: Principles and Practice, 2007, p. 2

“The development of a global economy has not been matched by the development of a global society.”
The Crisis of Global Capitalism (1998)
Context: The development of a global economy has not been matched by the development of a global society. The basic unit for political and social life remains the nation-state. International law and international institutions, insofar as they exist, are not strong enough to prevent war or the large-scale abuse of human rights in individual countries. Ecological threats are not adequately dealt with. Global financial markets are largely beyond the control of national or international authorities.

Quote from Whitman and Cézanne, in Adventures in the Arts, New York, Boni Liveright 1921; as cited in Marsden Hartley, by Gail R. Scott, Abbeville Publishers, Cross River Press, 1988, New York p. 34
1921 - 1930

As quoted in The Philosophy of Bakunin (1953) edited by G. P. Maximoff, p. 158<!-- (Glencoe, Ill.: Free Press) -->
Context: Even the most wretched individual of our present society could not exist and develop without the cumulative social efforts of countless generations. Thus the individual, his freedom and reason, are the products of society, and not vice versa: society is not the product of individuals comprising it; and the higher, the more fully the individual is developed, the greater his freedom — and the more he is the product of society, the more does he receive from society and the greater his debt to it.