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The Invention of Capitalism: Classical Political Economy and the Secret History of Primitive Accumulation
Michael Perelman
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Description for The Invention of Capitalism: Classical Political Economy and the Secret History of Primitive Accumulation
Paperback. Examines diaries, letters, and the practical writings of the classical economists to show how Adam Smith and the other classical economists appear to have deliberately obscured the nature of the control of labour and how policies attacking the economic independence of the rural peasantry were essentially conceived to foster primitive accumulation. Num Pages: 424 pages. BIC Classification: KCA; KCP; KCS; KCZ. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 234 x 151 x 26. Weight in Grams: 590.
The originators of classical political economy—Adam Smith, David Ricardo, James Steuart, and others—created a discourse that explained the logic, the origin, and, in many respects, the essential rightness of capitalism. But, in the great texts of that discourse, these writers downplayed a crucial requirement for capitalism’s creation: For it to succeed, peasants would have to abandon their self-sufficient lifestyle and go to work for wages in a factory. Why would they willingly do this?
Clearly, they did not go willingly. As Michael Perelman shows, they were forced into the factories with the active support of the same economists who were ... Read more
The originators of classical political economy—Adam Smith, David Ricardo, James Steuart, and others—created a discourse that explained the logic, the origin, and, in many respects, the essential rightness of capitalism. But, in the great texts of that discourse, these writers downplayed a crucial requirement for capitalism’s creation: For it to succeed, peasants would have to abandon their self-sufficient lifestyle and go to work for wages in a factory. Why would they willingly do this?
Clearly, they did not go willingly. As Michael Perelman shows, they were forced into the factories with the active support of the same economists who were ... Read more
Product Details
Publisher
Duke University Press United States
Number of pages
424
Format
Paperback
Publication date
2000
Condition
New
Number of Pages
424
Place of Publication
North Carolina, United States
ISBN
9780822324911
SKU
V9780822324911
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Michael Perelman
Michael Perelman is Professor of Economics at California State University, Chico. His books include The Natural Instability of Markets: Expectations, Increasing Returns, and the Collapse of Markets.
Reviews for The Invention of Capitalism: Classical Political Economy and the Secret History of Primitive Accumulation
“After reading Michael Perelman's excellent book we see our world in different colors. The origin of market capitalism is the product of strategies pursued to take away from people the conditions for developing alternative ways to live and produce. We also discover that classical political economy has been so instrumental in guiding these strategies. The book leaves us to wonder ... Read more