StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

So-called Primitive Accumulation by Karl Marx - Essay Example

Cite this document
Summary
Name Primitive Accumulation Primitive Accumulation as defined by Karl Marx meant the conversion of other modes of production into capitalist modes of production thereby allowing the expropriation of the direct producers…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
So-called Primitive Accumulation by Karl Marx
Read Text Preview

Extract of sample "So-called Primitive Accumulation by Karl Marx"

Download file to see previous pages

Primitive Accumulation has therefore been defined as the process of separating the producer from the means of production (Marx, n.pag.) thereby making a case for the expropriation of the property of the middle class. By introducing a capitalist economy, Marx said that the separation of producers from the means of production, that is expropriation, will allow freedom from the features of pre-capitalist systems including feudalism (n.pag.). This explains the expropriation of the private property owned by the middle class done to forcefully transform producers into labors for the government.

This would allow the means of production i.e. the laborers as well as money to be transformed into capital. Once the expropriation had been done, it would mean that the production process would start once again, produce, then reproduce, and reproduce forming a historical process. Since Marx believed that money and commodities are not capital in themselves (n.pag.), this meant that the means of production had to be transformed into capital. The divorcing of producers from the means of production would allow the transformation of the means into capital.

Marx explains that this transformation was only possible in case of interaction between the owners of the commodities or money: those possessing the means of production that are willing to increase the value of their holdings and those laborers willing to sell. Capitalist economy presumes a complete separation of the laborer from the means and thus when the production process starts, the separation is maintained (Marx, n.pag.). Thus, the separation would allow the laborer to become a free seller of his commodities enabling him to escape from the rule of guilds and other federations.

The separation as a movement would allow the producers to turn into wage laborers allowing them to escape from the bounds of guilds thereby granting them freedom from the bondage. But their freedom had only been acquired after they gave up their means of production in order to sell their commodities (Marx, n.pag.). Therefore, as the producers were expropriated of their means of production, they turned into wage laborers. As the bourgeois was separated from the producers and the means of production, this gave rise to free wage laborers who turned their commodities into capital by means of a historical process of production.

The notion of primitive accumulation therefore implies the separation of the laborer from the object of production thereby transforming them into wage workers. The capitalist production process stands on the pillars that separate the laborers from their means thereby alienating them from the objects. Thus, wage laborers as the industrial capitalists would now be free from guild masters and other feudal land lords as the owners of holders of wealth (Marx, n.pag.). According to Marx, this expropriation which has allowed laborers to free themselves from the feudal bondage and have now developed a social power that has resulted in a fruitful outcome (n.pag.).

In his famous book, Collapse, Jared Diamond made an argument of how certain disparities in the human societies have been originated as a result of environmental differences. In the book, he made a case for ecological disasters and environmental differences as providing the basis for the dominance of certain societies over the other. In a New York Times work by Diamond, he mentioned the possibility of capitalist corporations including Coca Cola, Wal-Mart, and Chevron, to

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“So-called Primitive Accumulation by Karl Marx Essay”, n.d.)
Retrieved from https://studentshare.org/literature/1489922-so-called-primitive-accumulation-by-karl-marx
(So-Called Primitive Accumulation by Karl Marx Essay)
https://studentshare.org/literature/1489922-so-called-primitive-accumulation-by-karl-marx.
“So-Called Primitive Accumulation by Karl Marx Essay”, n.d. https://studentshare.org/literature/1489922-so-called-primitive-accumulation-by-karl-marx.
  • Cited: 0 times

CHECK THESE SAMPLES OF So-called Primitive Accumulation by Karl Marx

How Do Marx, Durkheim, Weber and Parsons View the Social World

This research paper "How Do marx, Durkheim, Weber and Parsons View the Social World" focuses on the different views of the social world, including a materialist one, which means that the focus is on economic means of production and the roles that people play in creating wealth.... marx is critical of the forces that lead capitalist business owners to drive down the wages of workers in order to make more and more profit for themselves.... marx was concerned about the future exploitation of workers under Capitalism....
8 Pages (2000 words) Research Paper

Globalization and the State

In 1857, karl marx (1973, p524, p.... In the Communist Manifesto, marx and Engels (2012, p3) also provided his own definition by explaining that the state is “a committee for managing the common affairs of the whole bourgeoisie.... marx has explained that capitalistic development cannot be confined within states.... marx and Engels (1973, p77) wrote: The bourgeoisie has through its exploitation of the world market given a cosmopolitan character to production and consumption in every country… [old industries] are dislodged by new industries, whose introduction becomes a life and death question for all civilized nations, by industries that no longer work up indigenous material, but raw material drawn from the remotest zones; industries whose...
7 Pages (1750 words) Essay

Marx's Explanation for the Capitalist Transformation

From the paper "marx's Explanation for the Capitalist Transformation and Jared Diamond's Argument of European Domination of the World" it is clear that diamond attempts to give a historical explanation for the unbalanced power and unequal distribution of wealth in the world.... marx and Diamond try to explain the historical reasons behind this and their divergent explanations complement each other as they come up with a concrete understanding that certain circumstances favored the developed countries against LDC's....
3 Pages (750 words) Research Paper

Machines in the Manifesto

The theme of machines in the Manifesto is in marx idea and theory a way to exploit labor and control them.... In the years that marx developed his theory there was a local industry that grew rapidly.... marx could not have known that the changes of industrialization would be world wide and wide brand 100 years later.... The demand of the consumer, the machines and computers could be best described as the nightmare of labor in marx vision....
23 Pages (5750 words) Scholarship Essay

Thorstein Veblen Paper

This paper addresses how the work of Thorstein Veblen relates to several issues in U.... .... economic history.... Since one of Veblen's central ideas is the notion that man's attitudes for the most part are not calculated and rational but dictated by the institutions by which he lives, we can go quickly through the institutions that shaped Veblen's mind to better understand his manner of thinking and what influenced his work. … The son of first generation Norwegian immigrants who settled in Wisconsin in the middle of the 19th century, he was greatly influenced by his father, a master farmer who was eager to introduce new methods and machinery and the craftsmanship with which he built his home and barns where Thorstein grew up....
11 Pages (2750 words) Essay

Is There a Future for Socialism

The researcher of this paper claims that socialism can be described as an economic system whereby the means of producing commodities and service within an economy are owned by the entire community (Howard, 2000).... The system is mainly characterized by social ownership.... hellip; Previous studies reveal that there are various forms of socialism around the globe though no single definition has been provided for defining them all (Yunker, 2004)....
9 Pages (2250 words) Case Study

In What Sense is The Communist Manifesto Pro-capitalist

nbsp;… Latter-day Marxists are using the teachings of marx and Engels on the bourgeoisie by prescribing either transitory phase in the movement to socialism or via the advocacy for liberalizing the socialist economy, opening up to trade and investments, and welcoming economic liberalization and globalization.... 23-28) of marx's Preface to a Contribution to the Critique of Political Economy (1859) history progresses in this manner: in humanity's struggle to live, man advances the forces of production that require specific forms of social relations....
10 Pages (2500 words) Term Paper

Modern Wage Labor and Capitalism

216) noted that karl Max argued the worst human architect raises his structure from imagination unlike the bees.... This paper ''Modern Wage Labor and Capitalism'' tells that capitalism is an economic structure in which a private individual of the society owns the factors of production....
10 Pages (2500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us