“How easy it was to disappear: A thousand trains a day entered or left Chicago.”
― The Devil in the White City
― The Devil in the White City
“From the antique Persian rugs covering the gleaming hardwood floors to the molded tin ceilings and ornate chandeliers, the house was a showstopper. Throughout its long life, no one had allowed this home to fall into disrepair. Every detail of the wainscoting, every pocket door, every window, floor tile, and bathtub was original to the house.”
― Trouble on Main Street
― Trouble on Main Street
“Take the example of our spinner. We have seen that, to daily reproduce his labouring power, he must daily reproduce a value of three shillings, which he will do by working six hours daily. But this does not disable him from working ten or twelve or more hours a day. But by paying the daily or weekly value of the spinner's labouring power the capitalist has acquired the right of using that labouring power during the whole day or week. He will, therefore, make him work say, daily, twelve hours. Over and above the six hours required to replace his wages, or the value of his labouring power, he will, therefore, have to work six other hours, which I shall call hours of surplus labour, which surplus labour will realize itself in a surplus value and a surplus produce. If our spinner, for example, by his daily labour of six hours, added three shillings' value to the cotton, a value forming an exact equivalent to his wages, he will, in twelce hours, add six shillings' worth to the cotton, and produce a proportional surplus of yarn. As he has sold his labouring power to the capitalist, the whole value of produce created by him belongs to the capitalist, the owner pro tem. of his labouring power. By advancing three shillings, the capitalist will, therefore, realize a value of six shillings, because, advancing a value in which six hours of labour are crystallized. By repeating this same process daily, the capitalist will daily advance three shillings and daily pocket six shillings, one half of which will go to pay wages anew, and the other half of which will form surplus value, for which the capitalist pays no equivalent. It is this sort of exchange between capital and labour upon which capitalistic production, or the wages system, is founded, and which must constantly result in reproducing the working man as a working man, and the capitalist as a capitalist.”
― Wage-Labour and Capital & Value, Price and Profit
― Wage-Labour and Capital & Value, Price and Profit
“Every species of animals naturally multiplies in proportion to the means of their subsistence, and no species can ever multiply beyond it. But in civilised society it is only among the inferior ranks of people that the scantiness of subsistence can set limits to the further multiplication of the human species; and it can do so in no other way than by destroying a great part of the children which their fruitful marriages produce.”
― An Inquiry into the Nature and Causes of the Wealth of Nations
― An Inquiry into the Nature and Causes of the Wealth of Nations
“The dirty secret of the neoliberal era is that these ideas were never defeated in a great battle of ideas, nor were they voted down in elections. They were shocked out of the way at key political junctures.”
― The Shock Doctrine: The Rise of Disaster Capitalism
― The Shock Doctrine: The Rise of Disaster Capitalism
Frances’s 2025 Year in Books
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