Investments in social and physical infrastructures create geographical concentrations of relative advantage to which capital is inevitably drawn. The free gifts of nature and human nature need to be produced before they can be gifted to capital.

Separating land, labour and capital as independent and seemingly autonomous factors of production had a double advantage for the ruling classes since it permitted them to proclaim 'the physical necessity and eternal justification of their sources of revenue' at the same time as it suppressed any notion of exploitation since the act of production could in principle be portrayed as the harmonious assembly of separate and independent factors of production.

We can't, it seems, live without [capitalism] even as we complain about it.

Fierce, and what capitalists sometimes call 'ruinous' competition tends, therefore, to produce leap-frogging innovations that more often that not lead capitalists to fetishise technological and organisational innovations as the answer to all their prayers