Difference between revisions of "Accumulation"

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==Notes==
==Syncretic Terms==
 
[[Accumulation]] > {{#ask:[[Is a syncretic term::Accumulation]]}}
 
==Related LP Terms==
 
[[Accumulation]] > {{#ask:[[Is a related LP term::Accumulation]]}}
 
==Non-LP Related Terms==


In a [[Barter]] economy, practical limits on the ability to accumulate prevent problems from emerging. In a fully [[Monetized economy|monetized economy]], the ability to accumulate abstracted labor (i.e. [[money]]) allows for the development of many deadly social, economic, spiritual, and political pathologies which can only be cured by erasing debt and limiting accumulation (Sharp, 2009).
[[Accumulation]] > {{#ask:[[Is a related term::Accumulation]]}}


==Further Reading==
==Notes==


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In a [[Barter]] economy, practical limits on the ability to accumulate prevent problems from emerging. In a fully [[Monetized economy|monetized economy]], the ability to accumulate abstracted labor (i.e. [[money]]) allows for the development of many deadly social, economic, spiritual, and political pathologies which can only be cured by erasing debt and limiting accumulation.


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[[category:economy]]
[[category:RSGME]]
[[category:lightningpath]]
[[category:lightningpath]]
[[category:terms]]
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[[Is a related LP term::Regime of Accumulation| ]]

Latest revision as of 17:39, 8 January 2023

As noted in Rocket Scientists' Guide to Money and the economy,[1] Accumulation is the practice of accumulating labor power in the form of money. Accumulation is the process of gathering and storing money in any of its various forms.

Syncretic Terms

Accumulation > Profit

Related LP Terms

Accumulation >

Non-LP Related Terms

Accumulation > Labour Time, Labour Value

Notes

In a Barter economy, practical limits on the ability to accumulate prevent problems from emerging. In a fully monetized economy, the ability to accumulate abstracted labor (i.e. money) allows for the development of many deadly social, economic, spiritual, and political pathologies which can only be cured by erasing debt and limiting accumulation.

Footnotes

  1. Sosteric. Rocket Scientists’ Guide to Money and the Economy: Accumulation and Debt. St Albert, Alberta: Lightning Path Press., 2016. https://amzn.to/2WR8Guy.