a economic theory relating to the origin of capital (Adam Smith saw it as a peaceful process with natural imbalances in wealth distribution; Karl Marx saw it as a violent enclosure of the commons etc etc)
Another mechanism that actively changes the size of the surplus is one we have already noted: primitive accumulation. This is not just an origin story of capitalism, but also an ongoing process that involves the transformation of pre-capitalist subsistence economies into capitalist economies.
notable
9 years, 1 month ago