Rakesh, please stop the personal sniping.  Last warning.

In The Invention of Capitalism, I mostly dealt with domestic primitive
accumulation in England.  In my new book in progress, I treat
primitive accumulation in the colonies as the fuel of the domestic
economy, but also as an ultimately self-defeating project because much
of the surplus was dissipated in imperial wars.  As a result, the
great imperial powers, Spain, Portugal, Holland, England ended up as
lesser powers.

On Wed, Mar 30, 2011 at 9:49 AM, Lakshmi Rhone <[email protected]> wrote:
> This was Hilferding's criticism of the theory of state or bureaucratic
> capitalism, that the relatively harmless bureaucrats were not in control but
> subordinate to Stalin (and Hitler) in a system of totalitarian state
> economy. But there are still questions of how and why bureaucrats, somewhat
> distant from the consequences of their actions, acceded to the demands of
> dictators. This raises the question of the cipher-like nature of the
> bureaucratic personality, a question taken up by Weber, the Frankfurt School
> and Zygmunt Bauman (Modernity and the Holocaust).
>
> Jim, I must warn you that Jurriaan stopped but you have kept on going on. I
> don't want to have put you on ignore for some time. You are clearly
> responsible for the degeneration of the conversation :)
>
> Oh yes, I am wondering what our moderator has to say about  the crucial role
> of violence or forcible accumulation in the American slave colonies and  by
> the East India company in the secret history of capitalism (see Amiya
> Bagchi, Joseph Inikori, John M. Hobson, Kenneth Pomeranz) . I'll have to
> check his book. History is all the rage nowadays.
>
>
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-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com
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