(OPE-L) accumulation and de-accumulation of capital?

From: glevy@PRATT.EDU
Date: Tue Apr 20 2004 - 09:38:24 EDT

> Since accumulation of capital must include increasing the number of
> workers subject to exploitation, penetration of non-capitalist modes of
> production must be included in moments of accumulation of capital, but I
> don't know where, in your five moments, you intend to include that.

Hi Paul Z.

First, an abstract, hypothetical question:
Suppose the wages of productive workers has gone up by 10%
and there is an increase in v of 10%.  In this case,
the increase in v would not necessarily cause a increase in
the quantity of exploited workers.  Supposing also that c
goes up -- and thus c & v simultaneously rise -- would this
by your understanding represent an increase in the
accumulation of capital?

A more concrete question:  the presumption of the penetration
of capital into areas of the globe where non-capitalist
modes of production have dominated is that the quantity of
wage-laborers exploited by capital will increase.  In recent
decades, though, the percentage of the population who are
wage-earners employed by capital in many places in the world
has _not_ grown.  Instead, what has grown significantly is the
percentage of non-wage-earners employed in the petty commodity
sector (the 'informal sector').  Whether one conceives of this
group as part of the industrial reserve army or in some
other way,  if we take your definition of the accumulation of
capital and _if_ it is true that the quantity of wage-earners
who are employed by capital and who produce surplus value has
_not_ grown in recent decades, then has the accumulation of
capital increased during this time period?  Under what
circumstances would there be a de-accumulation of capital?

In solidarity, Jerry

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