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[If, as we have argued, we need the conception of a “purely capitalist society” in order to achieve a coherent and rigorous theorization of Marx’s law of value, then it appears that there is an embarrassingly large gap between the law of value and the rough and tumble impurity of history (For a more extended version of the argument see Albritton, A Japanese Reconstruction of Marxist Theory , Macmillan, 1986]). It is, therefore, very convenient to have an intermediate level of theory (stage theory) to serve as a sort of manageable step to ease our movement from the law of value, to stage theory, to historical analysis. The aim of this chapter is to propose an initial outline of the scope and structure of such a theory. The stages we will propose are approximately (Mercantilism 1700–1770, Liberalism 1770–1870, Imperialism 1870–1945, and Consumerism 1945–1975).]
Published: Jul 1, 2022
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