[OPE-L:1719] Re: Defining & understanding the accumulati

Paul Cockshott (wpc@clyder.gn.apc.org)
Mon, 8 Apr 1996 11:23:47 -0700

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I agree with Paul. If surplus value produced exceeds capitalist
consumption, accumulation of capital is possible. I think it is
also necessary for capitalist accumulation that reserve army exists
for capitalists. Capitalist accumulation creates relative surplus
population in its motion for the necessity of existence of labor-
power to be exploited.

A reserve army is not necessary for accumulation to take place,
though its absence certainly poses problems for the prolongation
of accumulation.