Marx’s primitive accumulation is actually capitalist accumulation itself.

Evidence

There is much that is true here but also much that is not. A hundred years after Marx described primitive accumulation and set it between the stages of feudalism and capitalism, Oliver C. Cox, the Black theorist, tried to correct Marx’s error: “[Marx] begins his analysis of the nature of capitalism almost where he might have ended it; and as is commonly the case in classical economics, he relegates as subsidiary the very things which should have been the center of his study… . His ‘primitive accumulation’ is none other than fundamentally capitalist accumulation; and, to assume that feudal society dissolved before capitalist society began is to over-emphasize the fragility of feudalism and to discount its uses to the development of capitalism.” — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 1730

Categorization

Category: Contrarian or Surprising Claims

  • XREF: This directly builds on the book’s core argument distinguishing the Black radical tradition’s understanding of capitalism from orthodox Marxism, and connects to Cox’s Capitalism as a System.