The dynamics of primitive accumulation: with application to rural China
The author examines the dynamics of primitive accumulation through market-based competition for factors of production. Although much existing analysis of primitive accumulation focuses on accumulation through dispossession, in fact, competition in factor markets is one of the two principal means of primitive accumulation in rural China. A model of market-based interaction between capitalist and noncapitalist production is estimated with data from China in the 1990s. In this model there is no tendency for capitalist production to eliminate other forms of production; nor for income differences between sectors to disappear. Rates of migration between noncapitalist and capitalist systems of production depend on the means and variances of incomes in the two sectors; however, at incomes prevailing in 1990s China, rates of migration were predicted to be (and in fact were) higher where capitalist incomes are higher, where noncapitalist incomes are higher, and where the ratio of capitalist:noncapitalist incomes are lower. Keywords: China, primitive accumulation, migration, rural – urban, capitalism, development
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
When requesting a correction, please mention this item's handle: RePEc:pio:envira:v:44:y:2012:i:3:p:560-579. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Neil Hammond)
If references are entirely missing, you can add them using this form.