this post was submitted on 15 Dec 2025
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Marx, Capital, v1, ch 31, pg 915 in Penguin

tweto

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[–] HamManBad@hexbear.net 66 points 2 months ago* (last edited 2 months ago) (1 children)

England had a rapidly growing capitalist economy

Pure coincidence that it happened immediately after Spain and Portugal brought all that gold and silver into Europe. It's not connected in any way. The Incas could have created capitalism too if they tried harder

[–] peeonyou@hexbear.net 40 points 2 months ago (1 children)

someone at Jacobin should read Settlers or Open Veins of Latin America

[–] LeninWeave@hexbear.net 53 points 2 months ago

someone at Jacobin should read

Yes, I agree.

[–] PKMKII@hexbear.net 38 points 2 months ago

This would be like arguing that because college football existed in the 19th century, the NFL is unrelated to the creation of modern football.

[–] BurgerPunk@hexbear.net 36 points 2 months ago* (last edited 2 months ago) (1 children)

So the Jacobin basically only exists to make succdems feel good about themselves right?

[–] coolusername@hexbear.net 20 points 2 months ago (1 children)
[–] BurgerPunk@hexbear.net 2 points 2 months ago

That's a perfect term for it!

[–] ReadFanon@hexbear.net 26 points 2 months ago
[–] Collatz_problem@hexbear.net 23 points 2 months ago

Spanish gold had driven Netherlands' development, and the Dutch War of Independence was caused primarily by Spanish efforts to redirect some of the investment to Spain proper.

[–] HakFoo 19 points 2 months ago (1 children)

Is there a TL;DR for the different paths taken by the colonial powers in the Americas?

It seemed like the Spanish colonies were sort of doomed by a resource curse. There was too much mining wealth too early, so there wasn't as much interest in broad economic development. The English and Dutch colonies had to develop more self-sustenance because they weren't semding home every atom of silver west of the prime meridian.

[–] spectre@hexbear.net 22 points 2 months ago (2 children)

Sort of what you said but also:

  • Spain gave out land and plantations to church and royal elites and sent military resources to build the existing population into the system through their labor (slave and otherwise).

  • British colonization encouraged the everyman to hop on a boat and sail over, and the labor force was made up by a lot of these people (plus slaves ofc). The American Indians were not assimilated directly into the workforce (until later) but were usually excluded from direct participation.

This is the reason why Mexico in its current form isn't considered an active settler-colonial project (although a there's a solid argument that it's somewhere along the spectrum) while the US definitely is.

[–] Frogmanfromlake@hexbear.net 19 points 2 months ago (2 children)

So that’s why the global north thinks we’re all indigenous and are surprised when we do settler-colonial things like clearing out indigenous land for European settlers or have reactionary politics.

We absolutely are settler-colonial projects. Ask your average Latin American about the indigenous and it’s no different from how Israelis talk about Palestinians.

[–] Le_Wokisme@hexbear.net 7 points 2 months ago

we don't know how to make sense of mestizo nationalism because anglos didn't integrate.

i'm not sure what people are supposed to do when they have no connection to half of their heritage.

[–] spectre@hexbear.net 6 points 2 months ago

Appreciate you coloring in my sort of clumsy explanation comrade!

[–] thelastaxolotl@hexbear.net 4 points 2 months ago (1 children)

Every country in the americas is a settler colony except haiti

[–] spectre@hexbear.net 3 points 2 months ago (1 children)

Cuba was a settler colony but is now a revolutionary socialist state?

[–] thelastaxolotl@hexbear.net 3 points 2 months ago (1 children)

yea, but its origins is still a settler colony

[–] spectre@hexbear.net 2 points 2 months ago

Fair, just wanted to make sure I'm on the right track.

[–] specterOfCommunism@hexbear.net 17 points 2 months ago

Succdems and revisionist likes that

[–] MLRL_Commie@hexbear.net 16 points 2 months ago

I agree that primitive accumulation is something that can be analyzed as hypothetical and theoretical, not necessarily a proven process in all possible instances. But claiming it for England?? That and Spain plus Netherlands are like the 3 most obvious cases where it's true lol

[–] lil_tank@hexbear.net 16 points 2 months ago

A created B

We're bringing back vulgar materialism baby

[–] Moidialectica@hexbear.net 7 points 2 months ago

was Jacobin always bad or did it suddenly begin nose diving

[–] Cowbee@hexbear.net 3 points 2 months ago* (last edited 2 months ago)

Erasing primitive accumulation from capitalism is naked colonial apologia, unsurprising from Jacobin. Settler mindset.