Governments first of all have been able to amass, through the taxation process, large sums of capital which they have redistributed to persons or groups, already large holders of capital, through official subsidies.
Immanuel WallersteinThe way in which these two practices contain each other is that it has always been possible to use the one against the other: to use racism-sexism to prevent universalism from moving too far in the direction of egalitarianism; to use universalism to prevent racism-sexism from moving too far in the direction of a caste system that would inhibit the work force mobility so necessary for the capitalist accumulation process.
Immanuel WallersteinWhen systems come to be far from points of equilibrium, they reach bifurcation points, wherein multiple, as opposed to unique, solutions, to instability become possible.
Immanuel WallersteinThis argument has been codified in the twentieth century as meritocracy, in which those on top in the process of capitalist accumulation have merited their position.
Immanuel WallersteinScientific culture created a framework within which individual mobility was possible without threatening hierarchical work-force allocation. On the contrary, meritocracy reinforced hierarchy. Finally, meritocracy as an operation and scientific culture as an ideology created veils that hindered perception of the underlying operations of historical capitalism.
Immanuel Wallerstein