Capitalism; Imperialism; Saving and investment; Socialism
What is it precisely that constitutes this problem of the reproduction
of total capital? The literal meaning of the word 'reproduction' is
repetition, renewal of the process of production. At first sight it may
be difficult to see in what respect the idea of reproduction differs
from that of repetition which we can all understand--why such a new and
unfamiliar term should be required. But in the sort of repetition which
we shall consider, in the continual recurrence of the process of
production, there are certain distinctive features. First, the regular
repetition of reproduction is the general _sine qua non_ of regular
consumption which in its turn has been the precondition of human
civilisation in every one of its historical forms. The concept of
reproduction, viewed in this way, reflects an aspect of the history of
civilisation. Production can never be resumed, there can be no
reproduction, unless certain prerequisites such as tools, raw materials
and labour have been established during the preceding period of
production. However, at the most primitive level of man's civilisation,
at the initial stage of man's power over nature; this possibility to
re-engage in production depended more or less on chance. So long as
hunting and fishing were the main foundations of social existence,
frequent periods of general starvation interrupted the regular
repetition of production. Some primitive peoples recognised at a very
early stage that for reproduction as a regularly recurring process
certain measures were essential; these they incorporated into ceremonies
of a religious nature; and in this way they accepted such measures as
traditional social commitments. Thus, as the thorough researches of
Spencer and Gillen have taught us, the totem cult of the Australian
negroes is fundamentally nothing but certain measures taken by social
groups for the purpose of securing and preserving their animal and
vegetable foodstuffs; these precautions had been taken year by year
since time immemorial and thus they became fossilised into religious
ceremonials. Yet the circle of consumption and production which forms
the essence of reproduction became possible only with the invention of
tillage with the hoe, with the taming of domestic animals, and with
cattle-raising for the purpose of consumption. Reproduction is something
more than mere repetition in so far as it presupposes a certain level of
society's supremacy over nature, or, in economic terms, a certain
standard of labour productivity.
Public-domain text, read in full here on John Shaqi.
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