Re: Dumb Question on Capitalism

["Charles Brown" <CharlesB@xxxxxxxxxxxxxxxxxxxxxxxxx>]

>>> <abc170@xxxxxxxxxxxxx> 03/07/00 02:09AM >>>

Naturally there can be combinations of political economies.

While I know nothing on American slavery, I do not think that the expropriation 
from
slaves in colonial America had anything to do with capitalism.

Maybe the English investor behind the scenes was a capitalist, but not the 
actual
slavery in the Colonies.
*********

CB: The Southern slaveowners, like Jefferson and Washington, were capitalists,
bourgeoisie. They were different from Roman slaveowners in that they produced 
for an
economy in which the capitalists market was dominant. They accumulated capital 
as
capitalists.

Capitalism got started with slavery as one of its chief momenta. For most of
capitalism, slavery has been a key component. It is capitalist slavery, and the
slavery is a significant mixture of the capitalist and slave organizations of
production, but the overall mode of production is capitalism.

CB




******************
On Thu, 02 March 2000, "Charles Brown" wrote:


> John Taber wrote:
>
> >Charles Brown" <CharlesB@xxxxxxxxxxxxxxxxxxxxx> wrote
> >
> >I must be confused on what "capitalism" means. I never thought that
> >a slave-based economy should be called capitalism. Similarly, I
> >wouldn't think that a feudal system is capitalist.
> >
> >But on this list "capitalism" seems to be broadly used. Would
> >somebody care to educate me?
> >
>
> ************
>


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