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Primitive accumulation

Economical concept

In Marxist theory, primitive accumulation is the process by which precapitalist modes of production, such as feudalism and subsistence agriculture, are transformed into the capitalist mode of production. The concept was first articulated in its modern form by Karl Marx in chapter 26 of the first volume of Das Kapital.

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Primitive accumulation

Economical concept

In Marxist theory, primitive accumulation is the process by which precapitalist modes of production, such as feudalism and subsistence agriculture, are transformed into the capitalist mode of production. The concept was first articulated in its modern form by Karl Marx in chapter 26 of the first volume of Das Kapital.

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From Wikipedia

In Marxist theory, primitive accumulation is the process by which precapitalist modes of production, such as feudalism and subsistence agriculture, are transformed into the capitalist mode of production. The concept was first articulated in its modern form by Karl Marx in chapter 26 of the first volume of Das Kapital. Marx described primitive accumulation as the historical process of divorcing the producer from the means of production. For Marx, this was not a peaceful transition but a violent, brutal, and coercive expropriation of the direct producers—the peasantry and artisans—from their means of livelihood. At its core, the process was a transformation in social property relations that established the preconditions for capitalism, particularly in the English countryside and later globally through colonialism and national competition. Marx's theory was a critique of the origin stories presented by classical political economists like Adam Smith, who depicted the rise of capitalism as a result of the peaceful, thrifty saving and reinvestment by an industrious minority. Marx compared this narrative to the theological concept of original sin, arguing that it served to justify the wealth of the rich and the poverty of the working class by locating its origins in a mythical past. In contrast, Marx's "so-called primitive accumulation" laid bare the violent conquests, enslavement, robbery, and murder that established the capitalist order. According to economist Michael Perelman, classical political economists were not merely passive observers of this process but active advocates who championed policies to accelerate it. Despite their public-facing rhetoric of laissez-faire, figures from William Petty to Smith actively supported measures to deprive people of their traditional means of self-provisioning in order to create a disciplined, wage-dependent workforce. Feminist scholars, such as Silvia Federici, have expanded on Marx's analysis, arguing that primitive accumulation was also a process of subjugating women's bodies and reproductive...

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