Production for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin.
Immanuel Wallerstein (1979) The Capitalist World-Economy. p. 15.
The product of mental labor — science — always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production.
Karl Marx Addenda, "Relative and Absolute Surplus Value" in Economic Manuscripts (1861–63).
An EU project aims to support policy and decision makers in taking well-informed decisions, by facilitating understanding of the consequences of different policies and climate regimes, thereby reducing uncertainties and enhancing their insights. Work to date involved identification of knowledge needs and their consequent addressing by collecting and synthesising knowledge.
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