Commercial capital accumulation does not imply a capitalist mode of production

Evidence

Capitalism is a system of commodity production, centred upon the relation between private ownership of capital and propertyless wage labour, this relation forming the main axis of a class system. Capitalist enterprise depends upon production for competitive markets, prices being signals for investors, producers, and consumers alike. — Anthony Giddens, The Consequences of Modernity, 150 (#qualifies, via linked claim)

Categorization

• corroborated: 3 independent passages support this claim
• XREF: connects to: Crises in capitalism do not inevitably dissolve pre-capitalist modes.; Capitalism never achieved the coherence promised by an objective system; Capitalism has no necessary correspondence with parliamentary democracy (+3 more)

Related

• Capitalism is defined by private capital, propertyless wage labour, and competitive markets (similarity 0.86)
• Corporate capitalism arose from a long decline of entrepreneurial and proletarian phases (similarity 0.85)
• Capitalism is defined by wage labor, private means of production, and profit. (similarity 0.81)
• Capitalism has no necessary correspondence with parliamentary democracy (similarity 0.81)
• Crises in capitalism do not inevitably dissolve pre-capitalist modes. (similarity 0.80)
• Labor is the commodity whose surplus value is expropriated and realized through market exchange (similarity 0.80)
• Capitalism correlates only tendentially with parliamentary democracy, never necessarily. (similarity 0.80)
• Capitalism never achieved the coherence promised by an objective system (similarity 0.79)
• Marx concluded capitalism was the only mode of production he could adequately theorize. (similarity 0.79)
• Capitalism has no necessary political form but tends toward parliamentary democracy (similarity 0.79)

Broader Connections

• Capitalism is defined by private capital, propertyless wage labour, and competitive markets #qualifies (0.75) — Anthony Giddens, The Consequences of Modernity, 150
• Crises in capitalism do not inevitably dissolve pre-capitalist modes. #expands (0.60)
• Capitalism never achieved the coherence promised by an objective system #corroborates (0.50)
• Capitalism has no necessary correspondence with parliamentary democracy #corroborates (0.50)