More or less with commodities. Once people are buying and selling commodities without producing them. i.e., once you're making things to be re-sold, not for direct sale or use, and people can make (or lose) great sums on speculation.
By the way, it's not quite accurate to say Marx wants to undo capitalism. He definitely wants to replace it, but overall he believes in progress, and that capitalism is better than the modes of production (feudal, slave, primitive) that existed before. At the same time, taking note of the good things that existed in each period that were lost.
No... I suppose commodities existed, but the majority of people were producing for direct sale or use. Also the labourers tended to own their own tools (means of production.) Commodities in the bronze or iron age would have likely been produced by slaves.
Capitalism is when most of your workforce is making commodities; when labour has been socialized (people working "collectively" to build products, like in factories) but the products and profits are privatized and the owners own the workers' means of production (land, factories, industrial tools, I.P., etc.)
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More or less with commodities. Once people are buying and selling commodities without producing them. i.e., once you're making things to be re-sold, not for direct sale or use, and people can make (or lose) great sums on speculation.
So pre-bronze era? So when Marx said he wants to undo capitalism he really wanted us to go back to the stone age or even older.
By the way, it's not quite accurate to say Marx wants to undo capitalism. He definitely wants to replace it, but overall he believes in progress, and that capitalism is better than the modes of production (feudal, slave, primitive) that existed before. At the same time, taking note of the good things that existed in each period that were lost.
No... I suppose commodities existed, but the majority of people were producing for direct sale or use. Also the labourers tended to own their own tools (means of production.) Commodities in the bronze or iron age would have likely been produced by slaves.
Capitalism is when most of your workforce is making commodities; when labour has been socialized (people working "collectively" to build products, like in factories) but the products and profits are privatized and the owners own the workers' means of production (land, factories, industrial tools, I.P., etc.)