The Effects of Capitalist Penetration of Non-Capitalist Modes of Production: Penetration Under the Dominance of Merchants’ Capital

  • John G. Taylor


In earlier chapters we noted the role that accumulations of mercantile capital played in the genealogy of the capitalist mode of production, and that the dominance of this form of capital in the period of the dissolution of the feudal mode and the transition to dominance by the capitalist mode had specific economic effects on non-capital modes.1 We also indicated that these effects continue to be reproduced even when merchants’ capital is no longer dominant, when penetration occurs under other forms, as the circulation of mercantile capital is increasingly subjected to the requirements of capitalist production.2


Capitalist Production Capitalist Development Capitalist Mode Agrarian Sector Dutch Colonialism 
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© John G. Taylor 1979

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  • John G. Taylor

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