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Speculation in land may be necessary to capitalism, but speculative orgies periodically become a quagmire of destruction for capital itself.
David Harvey
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Massive concentration of financial power, accompanied by the machinations of finance capital, can as easily de-stabilize as stabilize capitalism.
David Harvey
Production functions involving only land, labor and capital... never work and never explain economic development.
Kenneth Boulding
If all money capital invests in appropriation and none in actual production, then capitalism is not long for this world.
David Harvey
History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
Milton Friedman
In general it may be said that demand is quite as necessary to the increase of capital as the increase of capital is to demand.
Thomas Malthus