"What distinguishes the historical social system we are……" — Immanuel Wallerstein

"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

52 Quotes by Immanuel Wallerstein

Immanuel Wallerstein has 52 quotes on this site. A few more worth reading:

See all 52 quotes by Immanuel Wallerstein »

More Accumulate Quotes

This quote is filed under Accumulate Quotes, one of 265 quotes in that category. Here are a few more:

See all 265 Accumulate Quotes »