exactly. Marx used both parts, in CAPITAL.
my old simile: capitalism is like an engine. The one-sided class war
against the English rural producers that Marx describes in CAPITAL
allowed the engine to be created, but a lot of the fuel came from
looting the rest of the world, etc.
--
Jim Devine
^^^^^
CB; Reading your old simile this time, I kind of like it more.
But what about my modification of your simile: colonialism and slavery
super-charge the basic engine ( allowing super-profitting) ? In the long,
term, slavery, racism and divided labor, various forms of oppressed labor,
are as fundamental to capitalist structure ( the engine) as wage-labor, or
doubly free labor. Capitalism has always been wage-labor + oppressed (less
than doubly free) labor. That oppresed labor has taken various forms, but
the capitalists always super-exploit some sectors beyond that basic
exploitation of wage-labor , as modelled in _Capital_'s famous early
sections.
The super-profits from the colonies and slavery gave the marginal advantage
to certain groups of capitalists to be the top capitalists back in England.
Wasn't there a Pareto distribution among the first capitalists ? Or to say
it another way, the capitalists weren't capitalists until they had a Pareto
distribution with super-rich.
