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A Japanese Approach to Stages of Capitalist DevelopmentThe Stage of Liberalism

A Japanese Approach to Stages of Capitalist Development: The Stage of Liberalism [The stage of liberalism extends approximately from 1775 to 1875, but it reaches its fullest and most typical expression in England between 1850 and 1873. Since England is the dominant capital accumulator in this stage, it again serves as the paradigm case from which we abstract stage theory. The need to root stage theory in production relations that have a territorial location, however, is not meant to deny in any way the important international dimension of capital accumulation—a dimension that becomes increasingly important as capitalism develops. It is the stage of liberalism in which capital gravitates asymptotically towards its most pure incarnation. The ideology of laissez faire is promoted by the bourgeois in this stage is harked back to by capital in each following stage notwithstanding the dramatic changes capital experiences away from its application.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Japanese Approach to Stages of Capitalist DevelopmentThe Stage of Liberalism

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
ISBN
978-3-030-99036-7
Pages
129 –174
DOI
10.1007/978-3-030-99037-4_6
Publisher site
See Chapter on Publisher Site

Abstract

[The stage of liberalism extends approximately from 1775 to 1875, but it reaches its fullest and most typical expression in England between 1850 and 1873. Since England is the dominant capital accumulator in this stage, it again serves as the paradigm case from which we abstract stage theory. The need to root stage theory in production relations that have a territorial location, however, is not meant to deny in any way the important international dimension of capital accumulation—a dimension that becomes increasingly important as capitalism develops. It is the stage of liberalism in which capital gravitates asymptotically towards its most pure incarnation. The ideology of laissez faire is promoted by the bourgeois in this stage is harked back to by capital in each following stage notwithstanding the dramatic changes capital experiences away from its application.]

Published: Jul 1, 2022

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