Accumulation by dispossession is a concept presented by the Marxist geographer David Harvey, which defines the neoliberal capitalist policies in many western nations, from the 1970s and to the present day, as resulting in a centralization of wealth and power in the hands of a few by dispossessing the public of their wealth or land. These neoliberal policies are guided mainly by four practices: privatization, financialization, management and manipulation of crises, and state redistributions.
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Famous quotes containing the word accumulation:
“You watched and you saw what happened and in the accumulation of episodes you saw the pattern: Daddy ruled the roost, called the shots, made the money, made the decisions, so you signed up on his side, and fifteen years later when the women’s movement came along with its incendiary manifestos telling you to avoid marriage and motherhood, it was as if somebody put a match to a pile of dry kindling.”
—Anne Taylor Fleming (20th century)