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anaxarchos
03-14-2009, 07:10 PM
Karl Marx. Capital Volume One
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Part VIII: Primitive Accumulation
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Chapter Twenty-Six: The Secret of Primitive Accumulation
http://www.marxists.org/archive/marx/works/1867-c1/ch26.htm

...the accumulation of capital pre-supposes surplus-value; surplus-value pre-supposes capitalistic production; capitalistic production presupposes the pre-existence of considerable masses of capital and of labour-power in the hands of producers of commodities. The whole movement, therefore, seems to turn in a vicious circle... This primitive accumulation plays in Political Economy about the same part as original sin in theology.

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In themselves money and commodities are no more capital than are the means of production and of subsistence. They want transforming into capital. But this transformation itself can only take place under certain circumstances that centre in this, viz., that two very different kinds of commodity-possessors must come face to face and into contact; on the one hand, the owners of money, means of production, means of subsistence, who are eager to increase the sum of values they possess, by buying other people’s labour-power; on the other hand, free labourers, the sellers of their own labour-power, and therefore the sellers of labour. Free labourers, in the double sense that neither they themselves form part and parcel of the means of production, as in the case of slaves, bondsmen, &c., nor do the means of production belong to them, as in the case of peasant-proprietors; they are, therefore, free from, unencumbered by, any means of production of their own.

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Hence, the historical movement which changes the producers into wage-workers, appears, on the one hand, as their emancipation from serfdom and from the fetters of the guilds, and this side alone exists for our bourgeois historians. But, on the other hand, these new freedmen became sellers of themselves only after they had been robbed of all their own means of production, and of all the guarantees of existence afforded by the old feudal arrangements. And the history of this, their expropriation, is written in the annals of mankind in letters of blood and fire.

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In the history of primitive accumulation, all revolutions are epoch-making that act as levers for the capital class in course of formation; but, above all, those moments when great masses of men are suddenly and forcibly torn from their means of subsistence, and hurled as free and “unattached” proletarians on the labour-market. The expropriation of the agricultural producer, of the peasant, from the soil, is the basis of the whole process.


Chapter Twenty-Six: The Secret of Primitive Accumulation

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We have seen how money is changed into capital; how through capital surplus-value is made, and from surplus-value more capital. But the accumulation of capital pre-supposes surplus-value; surplus-value pre-supposes capitalistic production; capitalistic production presupposes the pre-existence of considerable masses of capital and of labour-power in the hands of producers of commodities. The whole movement, therefore, seems to turn in a vicious circle, out of which we can only get by supposing a primitive accumulation (previous accumulation of Adam Smith) preceding capitalistic accumulation; an accumulation not the result of the capitalistic mode of production, but its starting point.

This primitive accumulation plays in Political Economy about the same part as original sin in theology. Adam bit the apple, and thereupon sin fell on the human race. Its origin is supposed to be explained when it is told as an anecdote of the past. In times long gone-by there were two sorts of people; one, the diligent, intelligent, and, above all, frugal elite; the other, lazy rascals, spending their substance, and more, in riotous living. The legend of theological original sin tells us certainly how man came to be condemned to eat his bread in the sweat of his brow; but the history of economic original sin reveals to us that there are people to whom this is by no means essential. Never mind! Thus it came to pass that the former sort accumulated wealth, and the latter sort had at last nothing to sell except their own skins. And from this original sin dates the poverty of the great majority that, despite all its labour, has up to now nothing to sell but itself, and the wealth of the few that increases constantly although they have long ceased to work. Such insipid childishness is every day preached to us in the defence of property. M. Thiers, e.g., had the assurance to repeat it with all the solemnity of a statesman to the French people, once so spirituel. But as soon as the question of property crops up, it becomes a sacred duty to proclaim the intellectual food of the infant as the one thing fit for all ages and for all stages of development. In actual history it is notorious that conquest, enslavement, robbery, murder, briefly force, play the great part. In the tender annals of Political Economy, the idyllic reigns from time immemorial. Right and “labour” were from all time the sole means of enrichment, the present year of course always excepted. As a matter of fact, the methods of primitive accumulation are anything but idyllic.

In themselves money and commodities are no more capital than are the means of production and of subsistence. They want transforming into capital. But this transformation itself can only take place under certain circumstances that centre in this, viz., that two very different kinds of commodity-possessors must come face to face and into contact; on the one hand, the owners of money, means of production, means of subsistence, who are eager to increase the sum of values they possess, by buying other people’s labour-power; on the other hand, free labourers, the sellers of their own labour-power, and therefore the sellers of labour. Free labourers, in the double sense that neither they themselves form part and parcel of the means of production, as in the case of slaves, bondsmen, &c., nor do the means of production belong to them, as in the case of peasant-proprietors; they are, therefore, free from, unencumbered by, any means of production of their own. With this polarization of the market for commodities, the fundamental conditions of capitalist production are given. The capitalist system pre-supposes the complete separation of the labourers from all property in the means by which they can realize their labour. As soon as capitalist production is once on its own legs, it not only maintains this separation, but reproduces it on a continually extending scale. The process, therefore, that clears the way for the capitalist system, can be none other than the process which takes away from the labourer the possession of his means of production; a process that transforms, on the one hand, the social means of subsistence and of production into capital, on the other, the immediate producers into wage-labourers. The so-called primitive accumulation, therefore, is nothing else than the historical process of divorcing the producer from the means of production. It appears as primitive, because it forms the pre-historic stage of capital and of the mode of production corresponding with it.

The economic structure of capitalist society has grown out of the economic structure of feudal society. T

he dissolution of the latter set free the elements of the former.

The immediate producer, the labourer, could only dispose of his own person after he had ceased to be attached to the soil and ceased to be the slave, serf, or bondsman of another. To become a free seller of labour-power, who carries his commodity wherever he finds a market, he must further have escaped from the regime of the guilds, their rules for apprentices and journeymen, and the impediments of their labour regulations. Hence, the historical movement which changes the producers into wage-workers, appears, on the one hand, as their emancipation from serfdom and from the fetters of the guilds, and this side alone exists for our bourgeois historians. But, on the other hand, these new freedmen became sellers of themselves only after they had been robbed of all their own means of production, and of all the guarantees of existence afforded by the old feudal arrangements. And the history of this, their expropriation, is written in the annals of mankind in letters of blood and fire.

The industrial capitalists, these new potentates, had on their part not only to displace the guild masters of handicrafts, but also the feudal lords, the possessors of the sources of wealth. In this respect, their conquest of social power appears as the fruit of a victorious struggle both against feudal lordship and its revolting prerogatives, and against the guilds and the fetters they laid on the free development of production and the free exploitation of man by man. The chevaliers d’industrie, however, only succeeded in supplanting the chevaliers of the sword by making use of events of which they themselves were wholly innocent. They have risen by means as vile as those by which the Roman freedman once on a time made himself the master of his patronus.

The starting-point of the development that gave rise to the wage-labourer as well as to the capitalist, was the servitude of the labourer. The advance consisted in a change of form of this servitude, in the transformation of feudal exploitation into capitalist exploitation. To understand its march, we need not go back very far. Although we come across the first beginnings of capitalist production as early as the 14th or 15th century, sporadically, in certain towns of the Mediterranean, the capitalistic era dates from the 16th century. Wherever it appears, the abolition of serfdom has been long effected, and the highest development of the middle ages, the existence of sovereign towns, has been long on the wane.

In the history of primitive accumulation, all revolutions are epoch-making that act as levers for the capital class in course of formation; but, above all, those moments when great masses of men are suddenly and forcibly torn from their means of subsistence, and hurled as free and “unattached” proletarians on the labour-market. The expropriation of the agricultural producer, of the peasant, from the soil, is the basis of the whole process. The history of this expropriation, in different countries, assumes different aspects, and runs through its various phases in different orders of succession, and at different periods. In England alone, which we take as our example, has it the classic form. [1]



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Footnotes
1. In Italy, where capitalistic production developed earliest, the dissolution of serfdom also took place earlier than elsewhere. The serf was emancipated in that country before he had acquired any prescriptive right to the soil. His emancipation at once transformed him into a free proletarian, who, moreover, found his master ready waiting for him in the towns, for the most part handed down as legacies from the Roman time. When the revolution of the world-market, about the end of the 15th century, annihilated Northern Italy’s commercial supremacy, a movement in the reverse direction set in. The labourers of the towns were driven en masse into the country, and gave an impulse, never before seen, to the petite culture, carried on in the form of gardening.

choppedliver
03-14-2009, 11:51 PM
For your viewing pleasure!

http://davidharvey.org/2008/06/marxs-capital-class-01/

blindpig
03-15-2009, 11:51 AM
Thanks Anax, I'm gonna continue with that. This part, anyway, ain't so hard. Sometimes ya gotta lead a hoss t' water.

And a happy Ides of March to you.

http://www.socialistindependent.org/images/ides.jpg

My Starotypus salvani is 35 years old today.

anaxarchos
03-16-2009, 12:28 AM
It's the story of almost all the Europeans who came here... and half the Latins. Entire populations exterminated and entire populations conjured out of thin air... Irish, Scots, Southern Italians and Central Germans, Poles and Brits. The Latins got to do it twice, with a touch of indigenous genocide and a pinch of slavery thrown in. No wonder that none can remember - the mind cancels it all out.

For every two Irish who were transported here, one starved to death. Thus was American capitalism born.

Éireann go Brách...

http://cndls.georgetown.edu/applications/posterTool/data/users/Nation%20Project%20IRA%20BRITS%20OUT.jpg

anaxarchos
03-16-2009, 12:35 AM
My Starotypus salvani is 35 years old today.



I thought Kingsnakes lived only half that long. Yours must be a toothless, arthritic Republican.

http://www.pet-care-portal.com/images/KingSnakeT3Pic2.jpg

blindpig
03-16-2009, 07:59 AM
My Starotypus salvani is 35 years old today.



I thought Kingsnakes lived only half that long. Yours must be a toothless, arthritic Republican.

http://www.pet-care-portal.com/images/KingSnakeT3Pic2.jpg



Well, toothlessness cannot be denied, but he belongs to the 'Popular' party:
http://www.empireoftheturtle.com/CB/Staurotypus_salvinii_M_1b.JPG
Note the 'roman' nose...I call 'em 'Jules' sometimes.

Probably gonna out live me.

Do have a couple 17 year old kingsnakes tho'. Some of them crawlin' kingsnakes just won't quit.
http://www.youtube.com/watch?v=5hYBgpZdbKM

Kid of the Black Hole
03-16-2009, 09:49 AM
...the accumulation of capital pre-supposes surplus-value; surplus-value pre-supposes capitalistic production; capitalistic production presupposes the pre-existence of considerable masses of capital and of labour-power in the hands of producers of commodities. The whole movement, therefore, seems to turn in a vicious circle... This primitive accumulation plays in Political Economy about the same part as original sin in theology.

Anax, can you maybe talk about how much Marx is being critical of Political Economy as the 'ideology of bourgeoisie society' vs how much he is "advancing" PE from Smith/Ricardo?

I ask this because of comments you've made in the past regarding the booge revolt against Smith/Ricardo and the meaning of Marx's further/forward contribution. It seems to me at least that there is a strong element of Marx saying that Ricardo (in particular) is standing on his head.

I see how those two aspects are separable and mutually possible but it also seems those issues are entangled in such a fashion that they are difficult to completely divorce from each other. For instance it seems like Pinko has argued that Marx more or less reaffirmed the core -- ie Labor Theory of Value -- of what Ricardo said (with 1000 caveats of course), but that doesn't seem so clear or coherent to me.

Or I could be overthinking on this, which I'm sure you'll let me know about ;)

anaxarchos
03-16-2009, 02:45 PM
...the accumulation of capital pre-supposes surplus-value; surplus-value pre-supposes capitalistic production; capitalistic production presupposes the pre-existence of considerable masses of capital and of labour-power in the hands of producers of commodities. The whole movement, therefore, seems to turn in a vicious circle... This primitive accumulation plays in Political Economy about the same part as original sin in theology.

Anax, can you maybe talk about how much Marx is being critical of Political Economy as the 'ideology of bourgeoisie society' vs how much he is "advancing" PE from Smith/Ricardo?

I ask this because of comments you've made in the past regarding the booge revolt against Smith/Ricardo and the meaning of Marx's further/forward contribution. It seems to me at least that there is a strong element of Marx saying that Ricardo (in particular) is standing on his head.

I see how those two aspects are separable and mutually possible but it also seems those issues are entangled in such a fashion that they are difficult to completely divorce from each other. For instance it seems like Pinko has argued that Marx more or less reaffirmed the core -- ie Labor Theory of Value -- of what Ricardo said (with 1000 caveats of course), but that doesn't seem so clear or coherent to me.

Or I could be overthinking on this, which I'm sure you'll let me know about ;)


I'm not sure what you are asking. There is a discussion about "primitive accumulation" along the lines that we are discussing it here, somewhere in Theories of Surplus Value but unfortunately I don't have a searchable copy at my fingertips at the moment. In Part I of ToSV, there is also a discussion of both Smith and Ricardo on accumulation but it is a more general discussion in which the "primitive" part is between the lines. In general, it is very easy to understand Marx's view of this or that part of Smith (or Ricardo or any other classical) by looking at ToSV. It is a more or less historical reading of the literature of political economy up to Marx's time and, as such, a near photographic negative of Capital which presents comprehensively and positively (and, sometimes, dialectically) what is a criticism of the literature in ToSV.

You seem to be asking something else though...

I think that there is no doubt that Marx regards political economy as a social science and Smith and Ricardo as founders of that science. I don't think that he would ever argue that it was simply an ideology. There is, however, an ideological element that is unavoidable in this science. If it succeeds, it lays bare the fundamental social relations of society... something that is troublesome to the "classicals", the more so as they get closer and closer to the heart of the matter. In ToSV, Marx constantly points to "vulgarization" in the theories of Smith and Ricardo. In some cases, these vulgarizations are simple mistakes or confusion but in most other cases, the errors are clearly ideological in origin. They are reminiscent of Aristotle's inability to see slavery.

In any case, as science, we get a series of correctable "errors" which it is easy to set right. Sometimes Smith and Ricardo are standing on their feet, sometimes they are on their heads... but we know enough to set them right when we notice the blood rushing to their faces. In this way, the classicals setup Marx in the same way that Kant sets up Hegel. That is the rub. It is possible to ignore Marx but not Marx's conclusions.

It is not so much that Political Economy "revolts" against the classicals as it is that it sets them on a pedestal and attempts to ignore them, much as one ignores any icon. Thus the importance of "marginal utility" whether in Marshall's attempt to substitute it as a practical determinate or Walras' fundamental substitution. You should note that it is ALWAYS about value and the theory of value (labor or not) no matter what the subject (even prices) because this cannot be eliminated as the basic relationship of political economy. Even then, discussions of value forms keep reappearing.

In any case, this "practical" political economy is pretty much where the science sat for nearly a century (from 1870 to 1970 or so), starting with J.S. Mill and company. The interesting thing is that there is a rebirth of the classicals once again going on before our eyes. People like Paul Krugman, for example, are shitty Keynesians but OK Ricardans. Krugman's Clark medal was in part based on a return to Ricardo's Theory of Trade and a simple update of it. It has been a long time since those guys were actually referenced.

I wonder how long before old man Marx is back, too... perhaps in new suburban clothes.

Kid of the Black Hole
03-16-2009, 04:17 PM
OK, that helps, because I was (am?) a little confused. Mainly because somewhere it seems Marx at least implies that the assumptions of PE are anathema to the "free association of producers". Not so much because they are "wrong" but because they are 'inhuman' which Marx equate with crazy/mad/absurd (depending on the translation). That isn't surprising but:

It becomes difficult to follow the common thread running through all of his different remarks, at least to me, which is why I was awkwardly posing a Big Picture question

Relating this back to Primitive Accumulation, this could be directly taken as a critique of PE:


In themselves money and commodities are no more capital than are the means of production and of subsistence. They want transforming into capital. But this transformation itself can only take place under certain circumstances that centre in this, viz., that two very different kinds of commodity-possessors must come face to face and into contact; on the one hand, the owners of money, means of production, means of subsistence, who are eager to increase the sum of values they possess, by buying other people’s labour-power; on the other hand, free labourers, the sellers of their own labour-power, and therefore the sellers of labour. Free labourers, in the double sense that neither they themselves form part and parcel of the means of production, as in the case of slaves, bondsmen, &c., nor do the means of production belong to them, as in the case of peasant-proprietors; they are, therefore, free from, unencumbered by, any means of production of their own.

choppedliver
03-17-2009, 11:29 PM
It's the story of almost all the Europeans who came here... and half the Latins. Entire populations exterminated and entire populations conjured out of thin air... Irish, Scots, Southern Italians and Central Germans, Poles and Brits. The Latins got to do it twice, with a touch of indigenous genocide and a pinch of slavery thrown in. No wonder that none can remember - the mind cancels it all out.

For every two Irish who were transported here, one starved to death. Thus was American capitalism born.

Éireann go Brách...

http://cndls.georgetown.edu/applications/posterTool/data/users/Nation%20Project%20IRA%20BRITS%20OUT.jpg







Thanks Anax, the Irish people proved that resistance does work against oppression, even if it takes centuries...