[PEN-L:26993] re: centripetal accumulation

[Steve Diamond <sdiamond@xxxxxxx>]

On coffee: perhaps a luxury item to some (tho try taking it away from an
Italian!), it is the US's leading import after oil and is a global US$50 bn
industry, so of some larger significance.

On Luxemburg: that primitive accumulation (of surplus value outside of the
capitalist world) is essential to sustain the profitability of capitalism;
updated, one could argue that paying workers below the cost of reproduction
is a modern form of primitive accumulation, as are various forms of
environmental destruction (i.e. exploiting natural resources without
safeguarding their longterm viability - which some sustainable development
arguments get at).


Stephen F. Diamond
School of Law
Santa Clara University
sdiamond@xxxxxxx