re 6847 >Rakesh, >I agree that some slave owners (especially the slave owners of the new >world) have appropriated surplus value (this was said in one of the opening >comments of this thread, I think), dear ian, yes but Jerry does not agree with us. > my point was only that generally in the >ancient world, for example, they did not, and this does, as Jerry says, >make it important to rcognise other ways of appropriating surplus labour >than appropriating surplus value, which itself can take various forms apart >from the capitalist one, This last distinction between forms of surplus value in general and the capitalist form of surplus value is interesting, but I am not quite clear as to what this implies. I do agree with this general point, though Jairus Banaji has said to me offlist that there is an unfortunate tendency to underestimate the monetization of the ancient world including by Cambridge Minimalists such as Moses Finley. The consequence of such underestimation are--Banaji argues--hugely stereotyped and formalistic notions of capitalism which play directly into the hands of primitivist histiography of which there are elements, Banaji argues, in Marx himself. I have not read his book but I do imagine that it will lead me to rethink some of my own notions of capitalism. The last chapter is in a pdf form at http://www.oup.co.uk/isbn/0-19-924440-5 Agrarian Change in Late Antiquity - Gold, Labour, and Aristocratic Dominance Jairus Banaji, Visiting Fellow, Queen Elizabeth House, University of Oxford Price: £50.00 (Hardback ) 0-19-924440-5 Description Agrarian Change in Late Antiquity, the first major study of its kind, presents a critique of Weber's influential ideas about late antiquity. Jairus Banaji collects together a vast range of evidence to show that the fourth to seventh centuries were a period of major social and economic change, bound up with an expanding circulation of gold. The author traces the evolution of a new aristocracy in the eastern Mediterranean, and discusses the implications of its involvement in the monetary and business economy of the period .
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