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Book part
Publication date: 21 October 1997

Adolph Lowe and the Austrians

Mathew Forstater

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Advances in Austrian Economics
Type: Book
DOI: https://doi.org/10.1016/S1529-2134(97)04013-1
ISBN: 978-0-76230-198-0

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Book part
Publication date: 5 July 2005

TAXATION AND PRIMITIVE ACCUMULATION: THE CASE OF COLONIAL AFRICA

Mathew Forstater

In Volume One of Capital, Marx laid out what he called “The Secret of Capitalist Primitive Accumulation.” Capitalist accumulation must be preceded by some previous…

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In Volume One of Capital, Marx laid out what he called “The Secret of Capitalist Primitive Accumulation.” Capitalist accumulation must be preceded by some previous accumulation, “an accumulation which is not the result of the capitalist mode of production but its point of departure” (1990, p. 873). Marx, concentrating on European history, identified the “double-freedom” requirement necessary for capitalist production: workers must be “free” to sell their labor-power and they must be “free” from the means of production. But in this analysis, Marx not only was focusing his remarks on Europe, he actually states that the “classic” case is limited to England, while the “history of this expropriation assumes different aspects in different countries, and runs through its various phases in different successions, and at different historical epochs” (p. 876). In the European colonies, land expropriation and forced labor were used, but another important means of forcing indigenous populations to work as wage-laborers or produce cash crops was taxation and the requirement that taxes be paid in colonial currency. This paper provides an overview of this method, and documents its historical importance, concentrating on Africa. Taxation also played an important role in the monetization and commoditization of African economies, and in the rise of a peripheral capitalism. As the paper demonstrates, Marx was not unaware of money taxes functioning in this manner, and the phenomenon was in no way limited to Africa.

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The Capitalist State and Its Economy: Democracy in Socialism
Type: Book
DOI: https://doi.org/10.1016/S0161-7230(04)22002-8
ISBN: 978-0-76231-176-7

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Book part
Publication date: 22 August 2006

Robert Hoxie's Introductory Lecture on the Nature of the History of Political Economy [1916]: The History of Economic Thought as the History of Error

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Documents from and on Economic Thought
Type: Book
DOI: https://doi.org/10.1016/S0743-4154(06)24031-8
ISBN: 978-1-84950-450-8

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Book part
Publication date: 5 July 2005

LIST OF CONTRIBUTORS

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The Capitalist State and Its Economy: Democracy in Socialism
Type: Book
DOI: https://doi.org/10.1016/S0161-7230(04)22012-0
ISBN: 978-0-76231-176-7

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Book part
Publication date: 5 July 2005

CONTENTS

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The Capitalist State and Its Economy: Democracy in Socialism
Type: Book
DOI: https://doi.org/10.1016/S0161-7230(04)22011-9
ISBN: 978-0-76231-176-7

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Book part
Publication date: 21 October 1997

List of contributors

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Advances in Austrian Economics
Type: Book
DOI: https://doi.org/10.1016/S1529-2134(97)04000-3
ISBN: 978-0-76230-198-0

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