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Accumulation by Dispossession

June 1, 2009

new imperialismIn The New Imperialism, David Harvey argues that one key feature of neoliberal capitalism is that it necessitates “accumulation by dispossession” in order to maintain the system. Accumulation by dispossession is tantamount to theft in the name of capitalism. You can read more about the idea here and here.

It’s something like this (click on image to see full size):

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