SOC103H1 Lecture Notes - Lecture 4: Capital Accumulation, Primitive Accumulation Of Capital, Begging
Document Summary
Private accumulation accomplished 3 things for the development of the capitalist system. Availability of people with no other way to survive but to sell their own labor (labour) Availability of market/consumers since people were no longer producing their means of subsistence (market) Primitive accumulation: why is there the argument that the origins of capitalism is agrarian. The change of how people related to land and to each other! Extreme importance of land up to and including feudalism all human societies on earth were developed by their relation to land because it was a home/food livlihome. People were able to have a direct access to land making it survivable for everyone in feudalism, the transition to capitalism made them dependant on other human beings and their willingness to be given labor. Two important shifts that characterize the transition to. Economic corrosion: not being pushed to it, but no other choice (gun shot to head)
