Abstract
Primitive accumulation — the, often forced, separation of direct producers from their means of production and their subsequent proletarianisation — has concerned political economists since Karl Marx’s days. In Marx’s understanding, primitive accumulation was a nasty, though necessary, precondition to capitalist development in that it created private property where none had previously existed. It also, however, created the working class, which Marx saw as the progressive agent of historical transformation to socialism. Nevertheless, his analysis of capitalism’s often violent origins challenged many of the political economists of his time who imagined the world around them to be a kind of benign, Lockean “state of nature”. More recently, partly due to David Harvey’s (2003) reinterpretation of primitive accumulation as “accumulation by dispossession”, the term has found new significance (Glassman 2006). The novelty of Harvey’s argument has been to use the concept not only in relation to the shift from pre-capitalist to capitalist societies, but to also describe processes occurring today in the world’s advanced capitalist states, where capitalism has supposedly shifted beyond the primitive accumulation stage. Harvey teaches us that primitive accumulation is not a historic relic but an intrinsic part of capitalist development. But the increasing integration of capitalism on a global scale (see Cammack, this volume, Chapter 2) raises interesting questions regarding the form primitive accumulation assumes in peripheral settings on the frontiers of capitalist expansion (a significant theme of this volume).KeywordsForeign InvestmentHuman TraffickingSolomon IslandTransfer PriceAustralian GovernmentThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: 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.