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John Kenneth Galbraith

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In the assumption that power belongs as a matter of course to capital, all economists are Marxians.
--
Chapter V, Section 2, p. 49

 
John Kenneth Galbraith

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We have just seen that, apart from money-capital, circulating capital is only another name for commodity-capital. But to the extent that labour power circulates in the market,it is not capital, no form of commodity-capital. It is not capital at all; the labourer is not a capitalist, although he brings a commodity to market, namely his own skin.

 
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According to each one of the different theories there are things which are impossible, whose existence cannot be admitted, and whose creation is excluded from the power of God, and the assumption that God does not change their nature does not imply weakness in God, or a limit to his power. Consequently things impossible remain impossible, and do not depend on the action of an agent. It is now clear that a difference of opinion exists only as to the question to which of the two classes anything belongs; whether to the class of the impossible, or to that of the possible. Note it.

 
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Power, instrument of the collective force, created in society to serve as mediator between capital and labor, has become inescapably enchained to capital and directed against the proletariat. No political reform can resolve this contradiction, since, according to the avowal of politicians themselves, such a reform could only end by giving more energy and expansion to power, and until it had overthrown the hierarchy and dissolved society, power would not be able to attack the prerogatives of monopoly. The problem consists, then, for the working classes, not in capturing, but in defeating both power and monopoly, which would mean to make rise from the bowels of the people, from the depths of labor, a power greater, an action more powerful which would envelop capital and the State and subjugate them.

 
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