From: Paul Zarembka (zarembka@BUFFALO.EDU)
Date: Mon Apr 19 2004 - 12:09:59 EDT
--On Sunday, April 18, 2004 2:28 PM -0400 OPE-L Administrator <ope-admin@RICARDO.ECN.WFU.EDU> wrote: > the motive for engaging > in production is the expectation of capital accumulation, which has > profound social consequences for human society and its future. As we > know, capital accumulation (growth of capital) has five phases or > moments: investment, valorisation, > realisation, re-investment and unequal exchange. Jurriaan, Since accumulation of capital must include increasing the number of workers subject to exploitation, penetration of non-capitalist modes of production must be included in moments of accumulation of capital, but I don't know where, in your five moments, you intend to include that. Paul Z. *********************************************************************** RESEARCH IN POLITICAL ECONOMY, Paul Zarembka, editor, Elsevier Science ******************** http://ourworld.compuserve.com/homepages/PZarembka
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