SOSC 1340 Lecture Notes - Lecture 6: Primitive Accumulation Of Capital, Making Money, Social Relation
Document Summary
It is a social order in constant change that seems to have a direction, an underlying principle of motion, a logic (p. 22) The activity that lies at the heart of the (social) order is the drive for capital" not simply about individual acts of making money" but a society wide process of accumulation. Capital is not money or even wealth" in general but specific form of. Contradictions: capital presupposes inequality: growth and accumulation presuppose instability and crisis; material success presupposes immiseration, social depravation and dehumanization. Distinguishes between riches of past empires and the developmental dynamic" of our modern society. Wealth is not the same thing as capital" affluence in a primitive, traditional society may be measured in leisure and in what you give away. Wherever there is great property, there is great inequality the affluence of the rich supposes the indigence of the many (p. 27 quoting smith or marx)