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 This question <1154¦1154> overall <1098¦1100> Fisher <1051¦1100>.  
 Question 872: Describe the mechanisms of repulsion and attraction of individual capitals in the course of accumulation.  2011fa, 2010fa 2008fa, 2007fa, 2007SP, 2004fa, 2003fa, 2002fa. 
 [1099] Fisher: Mechanisms.   The mechanisms of repulsion and attraction in the course of accumulation are: accumulation itself, concentration, and centralization proper. First accumulation is the “transition from handicrafts to capitalist industry”, which seems to me as the first step taken from a collection of personal items crafted by an individual alone for sale in the market. Handicrafts would not be made by employees who are paid by a capitalist. The social capital of society would grow at a slow rate within the idea of original accumulation. Second, concentration is when “existing individual capitalists invest their profits into themselves”, causing all capital to grow at the same rate. This is more productive, yet there remains room for improvement. Last centralization proper indicates a large mass of capital “in a single hand in one place”, which was lost by others in another place. I guess this might be comparable to the stock market? Obviously large amounts of capital are exchanged, lost or obtained on Wall Street leaving the possibility of one hand holding the whole deck of cards.  
 Hans: You are confusing accumulation with original accumulation.  
 This message referenced by [1154].