Abstract
Accumulation is one side of the golden coin of capitalism; the creation of the proletariat is the other. Historically, accumulation has meant the simultaneous dispossession of people and concentration of property, so that the dispossessed face the propertied in the free labor market (see Marx, I, pp. 614, 620, 624).
Thanks to Felix Jimenez for working through the equations and saving me from many mistakes.
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© 1986 Springer-Verlag Berlin Heidelberg
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Nell, E.J. (1986). Cyclical Growth: The Interdependent Dynamics of Industry and Agriculture. In: Semmler, W. (eds) Competition, Instability, and Nonlinear Cycles. Lecture Notes in Economics and Mathematical Systems, vol 275. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-51699-3_13
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DOI: https://doi.org/10.1007/978-3-642-51699-3_13
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