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Marx and the Secret of Primitive Accumulation
Marx’s exploitation theory relies in part on the so-called crime of primitive accumulation, without which one struggles to explain the class dichotomy between the haves and the have-nots so crucial to the exploitation theory. The secret of primitive accumulation posits that the economic sins of some people have condemned them and their progeny to the hell of labor, whereas the economic virtues of the others have placed them in a situation far superior to that of the former, viz., in accordance with their virtues, the virtuous have become vicious and themselves worthy of condemnation:. In times long gone-by there were two sorts of people; one, the diligent, intelligent, and, above all, frugal elite; the other, lazy rascals, spending their substance, and more, in riotous living. The legend of theological original … Read entire article »
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