IDEAS home Printed from https://ideas.repec.org/a/sae/reorpe/v10y1978i1p1-31.html
   My bibliography  Save this article

The Subjection of Labour to Capital: The Rise of the Capitalist System

Author

Listed:
  • William Lazonick
  • William Lazonick

    (Department of Economics Harvard University Cambridge, MA 02138)

Abstract

In this paper I present an analytical study of the historical development of the family, mass schooling, and the labor movement in 19th century England. It is emphasized that what occurred in 19th century England was not just the emergence of the first industrial capitalist economy but also the first industrial capitalist system. By the 1870s in England, most of the characteristic institutions of the advanced capitalist systems of the 20th century - the factory, the welfare system, the industrial city, municipal police forces, the dependent family unit, mass public schooling, labor unions, electoral democracy — had emerged. Therefore, just as 19th century England supplied Marx with the classic case of the development of capitalist production, so, too, does it provide us with the classic case of the development of the capitalist system. Here, for the first time in history, the materialist conception of history can be applied to developed capitalism itself. In addition, by analyzing the system as a whole, we are in a better position to assess the strengths and limitations of Marx's own theories of capitalist development. A main theme is that, while Marx presents a profound analysis of how economic development both creates and reproduces the subjection of labor to capital, he neglects the role of cultural and political development in reinforcing and reproducing this domination.

Suggested Citation

  • William Lazonick & William Lazonick, 1978. "The Subjection of Labour to Capital: The Rise of the Capitalist System," Review of Radical Political Economics, Union for Radical Political Economics, vol. 10(1), pages 1-31, April.
  • Handle: RePEc:sae:reorpe:v:10:y:1978:i:1:p:1-31
    as

    Download full text from publisher

    File URL: http://rrp.sagepub.com/content/10/1/1.abstract
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:reorpe:v:10:y:1978:i:1:p:1-31. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.urpe.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.