Skip to main content Accessibility help
×
Hostname: page-component-586b7cd67f-g8jcs Total loading time: 0 Render date: 2024-12-02T18:09:47.645Z Has data issue: false hasContentIssue false

2 - Society fragmented and the role of democracy

Published online by Cambridge University Press:  22 September 2009

Pierre-Yves Gomez
Affiliation:
EM Lyon
Harry Korine
Affiliation:
London Business School
Pierre-yves Gomez
Affiliation:
Professor of Strategic Management EM Lyon; Director French Corporate Governance Institute IFGE, Lyon
Get access

Summary

The entrepreneur also has a dark side. Indeed, what is to prevent entrepreneurs from appropriating all the means of production, denying all others the opportunity of entrepreneurship, and thereby taking away their liberty? If the entrepreneur legitimately, in other words thanks to his/her superior abilities, amasses power based on private property, will he/she not deprive all other potential entrepreneurs of the means to be an entrepreneur? From the beginning of capitalism, this question has dogged the entrepreneur, providing the political basis of a variety of different critiques. Marx makes the notion of ‘primitive accumulation’ a centrepiece of the socialist critique: by initially accumulating the means of production, certain individuals acquire unilateral power and can organize the productive system to impose their own conditions of exploitation on others.

The capitalist system presupposes the complete separation of the labourers from all property in the means by which they can realize their labour. As soon as capitalist production is once on its own legs, it not only maintains this separation, but reproduces it on a continually extending scale. The process, therefore, that clears the way for the capitalist system, can be none other than the process which takes away from the labourer the possession of his means of production; a process that transforms, on the one hand, the social means of subsistence and of production into capital, on the other, the immediate producers into wage-labourers. The so-called primitive accumulation, therefore, is nothing else than the historical process of divorcing the producer from the means of production. It appears as primitive, because it forms the pre-historic stage of capital and of the mode of production corresponding with it.

Type
Chapter
Information
Entrepreneurs and Democracy
A Political Theory of Corporate Governance
, pp. 39 - 53
Publisher: Cambridge University Press
Print publication year: 2008

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×