Re: [OPE-L] Imperialism, from list to list

From: Jerry Levy (Gerald_A_Levy@MSN.COM)
Date: Wed Dec 06 2006 - 10:11:18 EST

[AUT] Imperialism, from list to listWho was the first person after Marx who suggested
the following definition and understandings of primitive
accumulation of capital?  Paul Z: do you know?

In solidarity, Jerry
[Loren Goldner wrote:]
Primitive accumulation
means accumulation that violates the capitalist law of
value, i.e. non-exchange of equivalents. 

processes. When Western capital sucks Third World
labor power whose costs of reproduction it did not pay
for into the world division of labor, whether in
Indonesia or in Los Angeles, that's primitive
accumulation. when capital loots the natural
environment and does not pay the replacement costs for
that damage, that's primitive accumulation. When
capital runs capital plant and infrastructure into the
ground (the story of much of the U.S. economy since
the 1960's) that's primitive accumulation. When
capital pays workers non-reproductive wages, that's
primitive accumulation too. 

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