Accumulation by Dispossession
Version 1.0.0 · Updated 2026-07-30
CORE DEFINITION
Primitive accumulation in the neoliberal era. It concentrates wealth from the masses into the hands of a few through means such as privatization of public assets, financialization, and crisis manipulation. This is predatory redistribution, not wealth creation.
SCAFFOLDING EFFECT
Reduce cognitive load
Identify the magic of wealth transfer. In financial crises or corporate restructuring, if you see asset prices plummet and then being acquired cheaply, this is often accumulation by dispossession occurring. It reminds us that wealth concentration is often accompanied by the deprivation of public rights.
Anchor fast decisions
David Harvey proposes that in the neoliberal stage, capital no longer mainly accumulates through production expansion, but rather through institutional means that 'de-right' assets originally held by the public or the masses and transfer them at low prices to capital—such as privatization, financialization, debt crisis manipulation, and expansion of intellectual property rights. This is redistributive plunder, not value creation.
MINIMUM ACTION
In progress 0/4Practice this model in one real situation:
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Source support: Explicit
- zh.wikipedia.orghttps://zh.wikipedia.org/wiki/%E5%89%A5%E5%A4%BA%E6%80%A7%E7%A7%AF%E7%B4%AFverified
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