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“The economic structure of capitalist society has grown out of the economic structure of feudal society. The dissolution of the latter set free the elements of the former ... [T]he historical movement which changes the producers into wage-workers, appears, on the one hand, as their emancipation from serfdom and from the fetters of the guilds, and this side alone exists for our bourgeois historians. But, on the other hand, these new freedmen became sellers of themselves only after they had been robbed of all their own means of production, and of all the guarantees of existence afforded by the old feudal arrangements. And the history of this, their expropriation, is written in the annals of mankind in letters of blood and fire.”
― Capital: A Critique of Political Economy, Volume 1
― Capital: A Critique of Political Economy, Volume 1
“When history is written as it ought to be written, it is the moderation and long patience of the masses at which men will wonder, not their ferocity.”
― The Black Jacobins: Toussaint L'Ouverture and the San Domingo Revolution
― The Black Jacobins: Toussaint L'Ouverture and the San Domingo Revolution
“The cruelties of property and privilege are always more ferocious than the revenges of poverty and oppression. For the one aims at perpetuating resented injustice, the other is merely a momentary passion soon appeased.”
― The Black Jacobins: Toussaint L'Ouverture and the San Domingo Revolution
― The Black Jacobins: Toussaint L'Ouverture and the San Domingo Revolution
“The hemulen woke up slowly and recognised himself and wished he had been someone he didn't know.”
― Moominvalley in November
― Moominvalley in November
“Such a crises occurs only where the ever-lengthening chain of payments,
and an artificial system of settling them, has been fully
developed. Whenever there is a general and extensive disturbance
of this mechanism, no matter what its cause, money becomes
suddenly and immediately transformed from its merely ideal shape
of money of account into hard cash. Profane commodities can no
longer replace it. The use-value of commodities becomes
valueless, and their value vanishes in the presence of its own
independent form. On the eve of the crisis, the bourgeois, with
the self-sufficiency that springs from intoxicating prosperity,
declares money to be a vain imagination. Commodities alone are
money. But now the cry is everywhere that money alone is a
commodity! As the hart pants after fresh water, so pants his soul
after money, the only wealth.”
―
and an artificial system of settling them, has been fully
developed. Whenever there is a general and extensive disturbance
of this mechanism, no matter what its cause, money becomes
suddenly and immediately transformed from its merely ideal shape
of money of account into hard cash. Profane commodities can no
longer replace it. The use-value of commodities becomes
valueless, and their value vanishes in the presence of its own
independent form. On the eve of the crisis, the bourgeois, with
the self-sufficiency that springs from intoxicating prosperity,
declares money to be a vain imagination. Commodities alone are
money. But now the cry is everywhere that money alone is a
commodity! As the hart pants after fresh water, so pants his soul
after money, the only wealth.”
―
MARXISM FOR FOOLS
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Jakob’s 2025 Year in Books
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