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One of the best desciptions of this stage as it developed in England is in Marx's ''Capital I'', Part VI: ''The so-called primitive accumulation''.

When the extensive stage becomes exhausted, it is followed by the Intensive Stage (of predominantly intensive accumulation).


REFERENCES

  • Aglietta, Michel, ''Régulation et crises du capitalisme'' Maspéro, Paris, 1976

  • Aglietta, Michel, ''A Theory of Capitalist Regulation'', Verso, London, 1979 (English translation of above)

  • Marx, Karl, ''Capital I'', especially Part VI: "The so-called primitive accumulation", 1867. Several editions.