By elevating the dictum of the market to the role of the sole criterion of rationality and efficiency, economics denies even all "respectability" to the distinction between essential and non-essential consumption, between productive and unproductive labor, between actual and potential surplus.
Paul A. BaranRelated topics
actual consumption criterion dictum distinction economics efficiency essential labor market potential rationality respectability role sole surplusRelated quotes
Music [is] a science peculiarly productive of a pleasure that no state of life, publick or private, secular or sacred; no difference of age or season; no temper of mind or condition of health exempt from present anguish; nor, lastly, distinction of quality, renders either improper, untimely, or unentertaining.
Samuel Pepys
To constrain the brute force of the people, the European governments deem it necessary to keep them down by hard labor, poverty and ignorance, and to take from them, as from bees, so much of their earnings, as that unremitting labor shall be necessary to obtain a sufficient surplus to sustain a scanty and miserable life.
Thomas Jefferson
The progressive historical role of capitalism may be summed up in two brief propositions: increase in the productive forces of social labour, and the socialisation of that labour. But both these facts manifest themselves in extremely diverse processes in different branches of the national economy.
Vladimir Lenin
