[OPE-L:1740] Re: Accumulation of capital in Ch. 24, V1

glevy@acnet.pratt.edu (glevy@acnet.pratt.edu)
Thu, 11 Apr 1996 09:11:55 -0700

[ show plain text ]

Gil asked in [OPE-L: 1739]:

> Jerry writes in regard to Vol I, Ch. 24, amidst other things,
> > (5) He also explicitly states the logical and historical *preconditions*
> > for the accumulation of capital (see p. 641). [Gil take note].
> Why?

Although Marx makes the assumption earler in the chapter that "we must
treat the whole world as one nation, and assume that capitalist
production is everywhere established and has possessed itself of every
branch of production", a few pages later he discusses the historical and
logical preconditions of accumulation beginning with the section that reads:

"No matter how severely the capitalist mode of appropriation may seem
to slap in the face of the fundamental laws of the production of
commodities, it does not arise from a violation, but from an
application of these laws. A brief retrospect upon the succession
of phases, whose climax the capitalist accumulation is, may serve
once more to make this clear" (Kerr ed. p. 640).

He goes on to discuss the law(s) of exchange which requires ... what? See
p. 641 and the remainder of Section 1.

Doesn't this relate to some issues touched upon in the Ch. 5 debate such
as property rights, the real subsumption of labor under capital, and
generalized commodity production?

In OPE-L Solidarity,