Capitalism Quote by David Harvey
“Speculation in land may be necessary to capitalism, but speculative orgies periodically become a quagmire of destruction for capital itself.”
About This Quote
Speculative land practices can destabilize capitalism itself.
In simple terms: Land speculation may become destructive for capital.
Key Takeaway
Regulate speculation to protect economies.
Themes
economics
speculation
capitalism
Mood
cautious
analytical
Type
policy
economic
When to use this quote
- urban planning
- policy debates
Key Concepts
market bubbles
financial risk
Questions to Reflect On
- What safeguards balance risk and growth?
- How can we prevent speculative crises?
A Different Perspective
Regulation may stifle innovation.
![“Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants, lands, banks, means of transportation, etc., remain untouched there, and, therefore, capitalism in Germany and Italy…” quote by Joseph Stalin](https://sms4smile.com/quotes/img-quotes/411/joseph-stalin-1734_capitalism_neither-italian-fascism-nor-german-natio_1430.jpg)
