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Primitive accumulation of capital

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The concept of original accumulation or previous accumulation or primitive accumulation of capital, was a central concern of classical political economists. The core question is how did it happen that a small percentage of the population obtained possession of the necessary resources to start businesses which employ people and gain profit; and analyzing how it happened that the vast majority... Read enhanced Wikipedia article

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    Primitive accumulation of capital

    The concept of original accumulation or previous accumulation or primitive accumulation of capital, was a central concern of classical political economists.
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    Capital accumulation

    Most generally, the accumulation of capital refers simply to the gathering or amassment of objects of value; the increase in wealth; or the creation of wealth. ... In fact Marx suggests that the original or primitive accumulation of capital often occurs through violence, plunder, slavery, robbery, extortion and theft.
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    Accumulation by dispossession

    Accumulation by dispossession is a concept presented by the Marxist academic David Harvey, which defines the neoliberal changes in many western nations, from the 1970s and to the present day, as being guided mainly by four practices. ... Primitive accumulation of capital
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    Socialist accumulation

    Socialist accumulation (in particular, primitive Socialist accumulation) was a concept in Socialist economy put forth in the early Soviet Union as a counterpart of the concept of primitive accumulation of capital in capitalist economy. The major proponent of the concept was Yevgeni Preobrazhensky, in his 1926 work The New Economics, based on his 1924 lecture in the Communist Academy, The Fundamental Law of Socialist Accumulation.
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    The commons

    The Commons refers to resources that are collectively owned. ... Primitive accumulation of capital
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    Das Kapital

    Das Kapital: Kritik der politischen Ökonomie (German pronunciation: [das kapiˈtaːl]) (Capital, in the English translation) is an extensive treatise on political economy written in German by Karl Marx and edited in part by Friedrich Engels. ... Primitive accumulation of capital
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    Criticism of capitalism

    Capitalism has been criticized from many perspectives during its history. ... They argue that the capitalist countries like England initially were helped by the primitive accumulation of capital through the "theft" of natural resources and exploitation of slave labor from large parts of Asia, Africa and the Americas which spurred the industrial revolution.
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    Critique of capitalism

    Capitalism has been critiqued from many perspectives during its history. ... They argue that the capitalist countries like England initially were helped by the primitive accumulation of capital through the "theft" of natural resources and exploitation of slave labor from large parts of Asia, Africa and the Americas which spurred the industrial revolution.
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    Inclosure Acts

    The Inclosure Acts were a series of United Kingdom Acts of Parliament which enclosed open fields and common land in the country. ... In Marxist interpretation, the Inclosure Acts can be seen as a process of bringing land and people into the sphere of capitalist social relations through political force; in Marxist terminology this process is an example of primitive accumulation of capital.
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    Simple commodity production

    Simple commodity production (also known as "petty commodity production"; the German original word is einfache Warenproduktion) is a term coined by Frederick Engels to describe productive activities under the conditions of what Marx had called the "simple exchange" of commodities, where independent producers trade their own products. ... Marx refers to this process as the primitive accumulation of capital, a process which continues particularly in developing countries to this day.

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Primitive accumulation of capital