“The competition between chunks of capital is getting fiercer, there is the same old same old desperate need to keep wages down, desperate need to substitute machines for labour (but that costs trillions of investment) and no matter how hard you exploit workers, you still need to sell stuff to them, and if their wages are low, they can't buy the stuff. You can force the poorly paid into borrowing money (credit cards, wonga etc) but there comes a point when that causes a credit crisis: someone somewhere says they want some dosh and a bank somewhere says they haven't got the dosh (Northern Rock, last time). Let's remember, none of this is caused by migrants or left social democrats. This is a crisis entirely born from a system that is locked into competition for markets. So, these fervid rows between squadrons of extremely unpleasant individuals are rows between people who deep down know that they can't control this system of running the making and distribution of the things we need. They are just coming up with fantasies on how to stay in power while the next phase veers from crisis to crisis. It is terrible for millions of people in awful insecure, low paid jobs and/or in insecure, lousy housing, or if they are disabled, or for millions trying to migrate their way out of poverty and despair. We should be alarmed when members of the ruling class start pleading with us to take sides with them against the 'elite': one section of the elite calling for us to oppose the elite.”

'Neither Brussels or the City - for the many not the few'. http://michaelrosenblog.blogspot.com/2018/07/neither-brussels-or-city-for-many-not.html (6 July 2018)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The competition between chunks of capital is getting fiercer, there is the same old same old desperate need to keep wag…" by Michael Rosen?
Michael Rosen photo
Michael Rosen 14
British children's writer 1946

Related quotes

Irvine Welsh photo

“You can't just have stuff that is free and escapist, you have to have stuff that is confrontational as well. You need stuff that is mystical but you need the realism too.”

Irvine Welsh (1958) Scottish novelist

"Alan Black Interviews Irvine Welsh for 3AM", 3:AM Magazine (2004).

Mukesh Ambani photo
Thomas Fuller (writer) photo

“6129. Who buys,
Had need of an hundred Eyes;
But one's enough,
For him that sells the Stuff.”

Thomas Fuller (writer) (1654–1734) British physician, preacher, and intellectual

Introductio ad prudentiam: Part II (1727), Gnomologia (1732)

Irving Thalberg photo

“Screen credit is valuable only when it's given you. If you're in a position to give yourself credit, you don't need it.”

Irving Thalberg (1899–1936) American film producer

Quoted by Norman J. Zierold in The Moguls (New York: Coward-McCann, 1969). Also quoted as "Credit you give yourself is not worth having." Thalberg never took an onscreen credit in films he produced; MGM gave him a screen credit for The Good Earth (1937), released after his death.

Marilyn Ferguson photo

“Buying, selling, owning, saving, sharing, keeping, investing, giving—these are outward expressions of inward needs. When those needs change, as in personal transformation, economic patterns change.”

Marilyn Ferguson (1938–2008) American writer

The Aquarian Conspiracy (1980), Chapter Ten, The Transformation of Values and Vocation

Karl Pilkington photo

“All I'm saying is that old people need to be old people. You need oldness. You need to see old people. You need to go Right, they might have a solution they've been on the earth longer. Quick, we need an answer. How old are yer?”

Karl Pilkington (1972) English television personality, social commentator, actor, author and former radio producer

I'm 32 - Well you look 78!
Podcast Series 3 Episode 4
On Ageing

Anthony Robbins photo
Don Soderquist photo

“People need to feel that someone cares about them; that someone is listening to their ideas. The return on investment of a ‘thank you’ is infinite because it costs nothing—but what matters most to people are time and attention.”

Don Soderquist (1934–2016)

Don Soderquist “ The Wal-Mart Way: The Inside Story of the Success of the World's Largest Company https://books.google.com/books?id=mIxwVLXdyjQC&lpg=PR9&dq=Don%20Soderquist&pg=PR9#v=onepage&q=Don%20Soderquist&f=false, Thomas Nelson, April 2005, p. 57.
On Listening

Hunter S. Thompson photo

“Once I establish credit, I may be able to function. A man needs credit. Especially when he has no money.”

Hunter S. Thompson (1937–2005) American journalist and author

Letter to Dwight Martin (21 February 1964), p. 440
1990s, The Proud Highway : The Fear and Loathing Letters Volume I (1997)

Related topics