The Invention of Capitalism: Classical Political Economy and the Secret History of Primitive Accumulation (Repost)

The Invention of Capitalism: Classical Political Economy and the Secret History of Primitive AccumulationDuke University Press | ISBN: 1933336933 | 3111-33 | PDF | 633 pages | 3396 kbThe originators of classical political economya??Adam Smith, David Ricardo, James Steuart, and othersa??created a discourse that explained the logic, the origin, and, in many respects, the essential rightness of capitalism. But, in the great texts of that discourse, these writers downplayed a crucial requirement for capitalism’s creation: For it to succeed, peasants would have to abandon their self-sufficient lifestyle and go to work for wages in a factory. Why would they willingly do this?Clearly, they did not go willingly. As Michael Perelman shows, they were forced into the factories with the active support of the same economists who were making theoretical claims for capitalism as a self-correcting mechanism that thrived without needing government intervention. Directly contradicting the laissez-faire principles they claimed to espouse, these men advocated government policies that deprived the peasantry of the means for self-provision in order to coerce these small farmers into wage labor.Downloadmirror

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