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- Law_of_accumulation abstract "The law of accumulation is an economic law of capitalism first propounded by the classical economist Adam Smith.The law of accumulation was further elaborated in Karl Marx's critique of political economy, where it refers to the development of the accumulation of capital as a systemic element of the capitalist mode of production. In the course of its development, capitalism reaches a crisis from an Overaccumulation of capital which was prompted by the law of accumulation in the capitalist economy.The growth of capital proceeds through an increase in the organic composition of capital (greater portion of capital employment relative to labor employment), reducing employment. It also goes along with proletarianization of the population so that more and more of the labor force consists of people dependent on a wage or salary for a living.Marxian economists usually distinguish between the absolute and relative immiseration of the working class. In absolute immiseration, the living standards of the working class decline absolutely. In relative immiseration, the wealth of the capitalists grows faster than the real wages of the working class.In Henryk Grossman's theory, capital accumulation leads to a gradual decline of the rate of profit, culminating in a collapse of the capitalist system.".
- Law_of_accumulation wikiPageID "386139".
- Law_of_accumulation wikiPageLength "2172".
- Law_of_accumulation wikiPageOutDegree "18".
- Law_of_accumulation wikiPageRevisionID "670263068".
- Law_of_accumulation wikiPageWikiLink Adam_Smith.
- Law_of_accumulation wikiPageWikiLink Capital_accumulation.
- Law_of_accumulation wikiPageWikiLink Capitalist_mode_of_production_(Marxist_theory).
- Law_of_accumulation wikiPageWikiLink Category:Capitalism.
- Law_of_accumulation wikiPageWikiLink Category:Economics.
- Law_of_accumulation wikiPageWikiLink Category:Marxian_school_of_economics.
- Law_of_accumulation wikiPageWikiLink Category:Marxist_theory.
- Law_of_accumulation wikiPageWikiLink Category:Political_economy.
- Law_of_accumulation wikiPageWikiLink Fractal.
- Law_of_accumulation wikiPageWikiLink Henryk_Grossman.
- Law_of_accumulation wikiPageWikiLink Karl_Marx.
- Law_of_accumulation wikiPageWikiLink Law_of_value.
- Law_of_accumulation wikiPageWikiLink Logistic_function.
- Law_of_accumulation wikiPageWikiLink Organic_composition_of_capital.
- Law_of_accumulation wikiPageWikiLink Overaccumulation.
- Law_of_accumulation wikiPageWikiLink Proletarianization.
- Law_of_accumulation wikiPageWikiLinkText "Law of accumulation".
- Law_of_accumulation wikiPageWikiLinkText "law of accumulation".
- Law_of_accumulation wikiPageUsesTemplate Template:Commons_cat.
- Law_of_accumulation wikiPageUsesTemplate Template:Econ-stub.
- Law_of_accumulation wikiPageUsesTemplate Template:Marxian_economics.
- Law_of_accumulation wikiPageUsesTemplate Template:Reflist.
- Law_of_accumulation subject Category:Capitalism.
- Law_of_accumulation subject Category:Economics.
- Law_of_accumulation subject Category:Marxian_school_of_economics.
- Law_of_accumulation subject Category:Marxist_theory.
- Law_of_accumulation subject Category:Political_economy.
- Law_of_accumulation hypernym Law.
- Law_of_accumulation type Agent.
- Law_of_accumulation type Economy.
- Law_of_accumulation type Science.
- Law_of_accumulation type Subfield.
- Law_of_accumulation type Theory.
- Law_of_accumulation comment "The law of accumulation is an economic law of capitalism first propounded by the classical economist Adam Smith.The law of accumulation was further elaborated in Karl Marx's critique of political economy, where it refers to the development of the accumulation of capital as a systemic element of the capitalist mode of production.".
- Law_of_accumulation label "Law of accumulation".
- Law_of_accumulation sameAs Q6503439.
- Law_of_accumulation sameAs m.0226bt.
- Law_of_accumulation sameAs Sermaye_birikim_yasası.
- Law_of_accumulation sameAs Q6503439.
- Law_of_accumulation wasDerivedFrom Law_of_accumulation?oldid=670263068.
- Law_of_accumulation isPrimaryTopicOf Law_of_accumulation.