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The Dig: China Boom w/ Ho-fung Hung

Jacobin Radio

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Capitalism and Primitive Accumulation in the 21st Century

Primitive accumulation and in some translation of Marx's text is called original accumulation. And why is primitive accumulation conceived of as this historically specific moment so critical for capitalist take off. So to speak and like the enclosure is the example that Marx used that basically used to stay power to appropriate present than to create first fortunes among many capitalists. But later studies show that this kind of so-called primitive accumulation is not so primitive in the sense that it is ongoing, even in the 21st century today.

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