Devaluation Quote by David Harvey
“Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale.”
About This Quote
Rapid technological change can erode the value of existing fixed assets on a large scale.
In simple terms: Tech revolutions devalue fixed capital.
Key Takeaway
Adapt asset strategies continuously.
Themes
economics
technology
capital
Mood
analytical
pragmatic
Type
academic
strategic
When to use this quote
- manufacturing
- real estate
- investment planning
Key Concepts
depreciation
innovation cycles
Questions to Reflect On
- How can firms protect capital against tech disruption?
- What policies mitigate widespread devaluation?
A Different Perspective
Not all assets lose value equally.
![“In the trade pact you know that was recently agreed to, I said you have to talk about devaluation. Because that's been their [China] single greatest asset in terms of what they are doing to us.” quote by Donald Trump](https://sms4smile.com/quotes/img-quotes/ec6/donald-trump-18_assets_in-the-trade-pact-you-know-that-was-rece_171937.jpg)
