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CAPITALISM arises and develops historically amidst a non-capitalist society. In Western Europe-it is found at first in a feudal environment from which it in fact sprang the system of bondage in rural areas and the guild system in the towns-and later, after having swallowed up the feudal system, it exists mainly in an environment of peasants and artisans, that is to say in a system of simple commodity production both in agriculture and trade European capitalism is further surrounded by vast territories of non- European civilisation ranging over all levels of development, from the primitive communist hordes of nomad herdsmen, hunters and gatherers to commodity production by peasants and artisans.
This is the setting for the accumulation of capital. We must distinguish three phases: the struggle of capital against natural economy, the struggle against commodity economy, and the competitive struggle of capital on the international stage for the remaining conditions of accumulation.
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