this post was submitted on 20 Aug 2023
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For more information, research "surplus army of labor", "primitive accumulation", and "accumulation by dispossession".
Primitive accumulation is a bad term. It works if you've read the theory behind it, but otherwise it sounds like someone saving up a bunch of money then starting a successful business compared to what it is which was colonial genocide, enclosure of the commons, and mass starvation as people were ripped from agricultural labor and cast into the factories and mines to work for feudal lords turned industrial capitalists.