All of this upends the usual story that we’re told about the rise of capitalism. This was hardly a natural and inevitable process. There was no gradual ‘transition’, as people like to assume, and it certainly wasn’t peaceful. Capitalism rose on the back of organised violence, mass impoverishment, and the systematic destruction of self-sufficient subsistence economies. It did not put an end to serfdom; rather, it put an end to the progressive revolution that had ended serfdom. Indeed, by securing virtually total control over the means of production, and rendering peasants and workers dependent
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