Abstract
The concluding chapter of Karl Marx’s Capital (volume 1) has received remarkably little scholarly commentary. This is especially surprising as Marx addresses there “the modern theory of colonization” developed by Edward Gibbon Wakefield. But rather than systematically pursue the issue of colonialism, Marx investigates Wakefield’s theory in order to illuminate the processes of primitive accumulation (or “originary dispossession”) that gave birth to capitalism in Europe. This article suggests directions in which Marx ought to have gone in order to analyze the globalization of capitalism outside of Europe by means of colonialism. In so doing, it proposes the need to recenter bondage, slavery, colonialism, and racism as constitutive elements of capitalism as a global system. JEL Classification: B51, N3, P1
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
