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, or by its full name, predominantly extensive stage of accumulation
is pertains at one of the periodizations of capitalism
A periodization of capitalism seeks to distinguish stages of development that help understanding of features of capitalism through time. The most well-known periodizations that have been proposed distinguish these stages as:...
, as proposed by Aglietta (1976). It is the first stage of capitalism and thus in it there is plenty of room for the extension of capitalist relations of production, meaning, of wage labour and therefore of commodity production. In other periodizations this is known as early or concurrential stage. It is characterized by high rates of growth (runaway, unfettered).
One of the best descriptions of this stage as it developed in England is in Marx's Capital I
, Part VI: The so-called primitive accumulation
When the extensive stage becomes exhausted, it is followed by the intensive stage
Intensive stage, or by its full name, predominantly intensive stage of accumulation pertains to one of the periodizations of capitalism, as proposed by Aglietta...
(of predominantly intensive accumulation).