20 February, 2012

Why Socialism I: Primitive Accumulation

This is the first part of a new series on Socialism to be published collaboratively with The Red Eye Portal

Primitive Accumulation:
How Investors First Got Their Capital



At such a time as this, when Capitalism is being exposed for what it really is – it becomes increasingly important to recall just how it came to be – how our “entrepreneurs” accrued the wherewithall “to invest” and “support” money-making ventures of all sorts.

In other words, what forms of Primitive Accumulation produced the necessary Capital to fund a growing Capitalism?
Read more

No comments:

Post a comment