SOC205H5 Lecture Notes - Lecture 11: Class Stratification, Political Question, Paternalism

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20 Dec 2020
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The primitive accumulation plays approximately the same role in economy as original sin does in theology. Adam bit the apple, and thereupon sin fell on the human race. If money, comes into the world with a congenital blood-stain on one cheek," capital comes dripping from head to toe, from every pore, with blood and dirt. Racial capitalism the term comes out of south african marxist and anti. Privatized appropriation of surplus value (profit = exploitation) The primitive accumulation plays approximately the same role in political economy as original sin does in theology. If money, comes into the world with a congenital blood-stain on one cheek," capital comes dripping from head to toe, from every pore, with. Racial capitalism the term comes out of south african marxist and anti colonial circles in the mid 1970s. It was an analytical frame to understand how the apartheid state structured relations of race, class, and accumulation.

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