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Accumulation Quote by Immanuel Wallerstein

“What distinguishes the historical social system we are calling historical…” quote by Immanuel Wallerstein
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“What distinguishes the historical social system we are calling historical capitalism is that in this historical system capital came to be used (invested) in a very special way. It came to be used with the primary objective or intent of self-expansion. In this system, past accumulations were 'capital' only to the extend they were used to accumulate more of the same.”

Immanuel Wallerstein

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