(in Marxist theory) the posited original accumulation of capital by expropriation of small producers, from which capitalist production was able to start.
Compare with primitive socialist accumulation
primitive accumulation2
noun
mass nounEconomics
(In Marxist theory) the posited original accumulation of capital by expropriation of small producers or smallholders, from which capitalist production was able to start; an instance of this.
Origin
Late 19th century. After German ursprüngliche Akkumulation.