David Harvey Quotes
Money must exist before it can be turned into capital.
Harvey, David. The Limits to Capital. Basil Blackwell, 1982, p. 256.
While Turgot was right about so much, this was one of his big errors—the assumption that land was fundamental to and necessary for, wealth. In many countries it is still true, but of the recent billionaires like Warren Buffet, Bill Gates, Carlos Slim and most others, they own very little land. In the United States and Canada, there are large tracts of land that few or no one will buy and a cast majority of people do not make their living from land.
The very act of printing money created a debt—at the time and until the Nixon Administration which went off the gold standard—the government owed the gold or silver and the spicie—the printed money—was a promissory note.
David W. Harvey FBA is a British-born Marxist economic geographer, podcaster and Distinguished Professor of anthropology and geography at the Graduate Center of the City University of New York (CUNY). He received his PhD in geography from the University of Cambridge in 1961. Harvey has authored many books and essays that have been prominent in the development of modern geography as a discipline. He is a proponent of the idea of the right to the city.
