“Wealth in the hands of the holders of wealth is not capital until it controls the means of production, buys labor power, and puts it to work, continuously expanding surpluses by intensifying productivity through an ever-rising curve of technological inputs.”

—  Eric Wolf

Source: Europe and the People Without History, 1982, Chapter 3, Modes of Production, p. 78.

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

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Eric Wolf 24
American anthropologist 1923–1999

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