this is not to say, we repeat, that the conditions of labor and production are becoming the same throughout the world or throughout the different sectors ot the economy. The claim is rather is that many singular instances of labor processes, productive conditions, local situations, and lived experiences coexist with a "becoming common", at a different level of abstraction, of the forms of labor and the general relations of production and exchange - and that there is no contradiction between this singularity and commonality.
Antonio NegriRelated topics
abstraction becoming claim common contradiction different economy exchange general labor level local production repeat say singular singularity world relations conditions commonalityRelated quotes
Now I'm not saying that Keynes was right about everything, that we should treat The General Theory as a sort of secular bible - the way that Marxists treat Das Kapital. But the essential truth of Keynes's big idea - that even the most productive economy can fail if consumers and investors spend too little, that the pursuit of sound money and balanced budgets is sometimes (not always!) folly rather than wisdom - is as evident in today's world as it was in the 1930s. And in these dangerous days, we ignore or reject that idea at the world economy's peril.
Paul Krugman
This work had its origins in the question of the relations of the individual to social solidarity. Why does the individual, while becoming more autonomous, depend more upon society? How can he be at once more individual and more solidary? Certainly, these two movements, contradictory as they appear, develop in parallel fashion. This is the problem we are raising. It appeared to us that what resolves this apparent antinomy is a transformation of social solidarity due to the steadily growing development of the division of labor.
Émile Durkheim
Collectivism, as we know, does not abolish wages, though it introduces considerable modifications into the existing order of things. It only substitutes the State, that is to say, Representative Government, national or local, for the individual employer of labor. Under Collectivism it is the representatives of the nation, or of the district, and deputies and officials who are to have the control of industry. It is they who reserve to themselves the right of employing the surplus of production - in the interests of all.
Peter Kropotkin
Our country, having devised this dual system of government, and lived under it longer than any other, is deeply concerned to perfect and adapt it to the changing conditions of organized society. A community comprising half a continent and more than a hundred million people could not possibly be administered under a single government organization. We must maintain a proper measure of local self-government while constantly making adjustments to an increasing interdependence among the political parts.
Calvin Coolidge
The circular-flow diagram offers a simple way of organizing the economic transactions that occur between households and firms in the economy. The two loops of the circular-flow diagram are distinct but related. The inner loop represents the flows of inputs and outputs. The households sell the use of their labor, land, and capital to the firms in the markets for the factors of production. The firms then use these factors to produce goods and services, which in turn are sold to households in the markets for goods...
Greg Mankiw
