Primitive Accumulation and Privatization
According to Marx, the whole purpose of primitive accumulation is to privatize the means of production, so that the exploiting owners can make money from the surplus labour of those who, lacking other means, must work for them.
Marx says that primitive accumulation means the expropriation of the direct producers, and more specifically "the dissolution of private property based on the labor of its owner... Self-earned private property, that is based, so to say, on the fusing together of the isolated, independent laboring-individual with the conditions of his labor, is supplanted by capitalistic private property, which rests on exploitation of the nominally free labor of others, i.e., on wage-labor." (chapter 32, emphasis added).
Chapter Thirty-Two: Historical Tendency of Capitalist Accumulation
Read more about this topic: Primitive Accumulation Of Capital
Famous quotes containing the words primitive and/or accumulation:
“Perhaps our own woods and fields,—in the best wooded towns, where we need not quarrel about the huckleberries,—with the primitive swamps scattered here and there in their midst, but not prevailing over them, are the perfection of parks and groves, gardens, arbors, paths, vistas, and landscapes. They are the natural consequence of what art and refinement we as a people have.... Or, I would rather say, such were our groves twenty years ago.”
—Henry David Thoreau (1817–1862)
“Creation destroys as it goes, throws down one tree for the rise of another. But ideal mankind would abolish death, multiply itself million upon million, rear up city upon city, save every parasite alive, until the accumulation of mere existence is swollen to a horror.”
—D.H. (David Herbert)