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

From: Jerry Levy (Gerald_A_Levy@MSN.COM)
Date: Wed Dec 06 2006 - 11:24:29 EST

> Where did you get this from Loren, Jerry?

Hi Paul Z:

It was an excepted from LG's original post, which I reposted on OPE-L:
(see paragraph that begins "I'm sure you throw Rosa Luxemburg's
Accumulation of Capital ...")

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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