"The worker is no longer the slave to his reproductive urge. He is a free bargaining agent who enters the market to dispose of the one commodity he commands β labor power β and if he gets a rise in wages he will not be so foolish as to squander it in a self-defeating proliferation of his numbers. The capitalist faces him in the arena. His greed and lust for wealth are caustically described in those chapters that leave the abstract world for a look into 1860 England. But it is worth noting that he is not money hungry from mere motives of rapacity; he is an owner-entrepreneur engaged in an endless race against his fellow owner-entrepreneurs; he must strive for accumulation, for in the competitive environment in which he operates, one accumulates or one gets accumulated. The stage is set and the characters take their places. But now the first difficulty appears. How, asks Marx, can profits exist in such a situation? If everything sells for its exact value, then who gets an unearned increment?"
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Historians from the United StatesJews from the United StatesPeople from New York CityEconomists from the United States
Original Language: English
Available Languages (1)
Sources
Chapter VI, Karl Marx, p. 148
https://en.wikiquote.org/wiki/Robert_Heilbroner
Revision History
No revisions have been submitted for this quote.
Categories
Robert Heilbroner
Robert Heilbroner (March 24, 1919 β January 4, 2005) was an American economist and historian of economic thought.
37 quotes on TrueQuotesView all quotes by Robert Heilbroner β
Related Quotes
"It may strike us as odd that the idea of gain is a relatively modern one; we are schooled to believe that man is esseβ¦"
"Nobody wanted this commercialization of life."
"The Wealth of Nations may not be an original book, but it is unquestionably a masterpiece."
"Even today β in blithe disregard to his actual philosophy β Smith is generally regarded as a conservative economist, β¦"
"David Ricardo saw that the escalator worked with different effects on different classes, that some rode triumphantly β¦"
"But while Ricardo, the economist, walked like a god (although he was a modest and retiring person), Malthus was relegβ¦"
"The distribution of wealth, therefore, depends on the laws and customs of society."
"But despite the clarion words of the Manifesto, the demonic note was not a call for a revolution of communism; it wasβ¦"
"But the process of social change was not merely a matter of new inventions pressing on old institutions: it was a matβ¦"
"He who enlists a man's mind wields a power even greater than the sword or the scepter."