Highest Stage Of The Development Of Capitalism In The United States And Its Effects On The American Family, Volume III, Book I, 1960 To 1980
We have hitherto traced the successive stages of the development of the capitalist American Ruling Class Opposite’s capitalist mode of production in the United States, from pre-colonial times to the present. This analysis has, particularly, involved a concise study of the transformation of home production into small-scale commodity production, and the latter was progressively changed into large-scale machine industry by the capitalist American Ruling Class Opposite. Whenever we use the word capitalist, or capitalist American Ruling Class Opposite, we are referring to the same class, which consists of barely half of one percent of the total American Population today. This relatively small class of owners, non-producers, and sole decision-makers employed the American Working Class Opposite’s (People) wage-workers’ labor, over time, to build their American Capitalist System on the North American Continent with the surplus-value it realized due to its historical expropriation of the labor’s product of the latter. Before the Pilgrims, or West European Immigrants arrived on this continent, capitalism was unknown to the indigenous Native American Indian Nations, which populated the North American Continent. Thus, upon their arrival to the Native American Indians homeland, namely, the North American Continent, the idea of capitalism was imported to the latter, and the capitalist American Ruling Class Opposite, or its forerunner bourgeois elites, planted the seed of this system in the Native American Indian Soil. The development of capitalism underwent a series of successive stages of development, beginning with the period of home production, which did not happen suddenly, but took at least 182 years to come into existence between 1609 and 1791. The earlier stages of the historical development of capitalism in the United States is rigorously analyzed in Volumes I and II of this book, namely, Historical Development of Capitalism In The United States And Its Effects On the American Family, from Pre-Colonial Times To 1920 [Volume I] and From 1920 to 1960 [Volume II].
Highest Stage Of The Development Of Capitalism In The United States And Its Effects On The American Family, Volume III, Book II, 1960 To 1980
For 10,000 years before any European immigrants arrived on the North American Continent, Native American Indians engaged in a communal lifestyle. From 1600 to 1791, American Colonists established a thriving home production economy, and having ownership of their tools, or means of production, they produced everything they needed to survive. They were self-reliant, and the American Colonists sold their excess goods to merchants, who resold them for a profit. By 1791, the merchants were able to start the first textile factories as a result, which brought an abrupt end to the home production economy, and the beginning of American Capitalism.
Former independent colonists were now forced into the textile factory, and the first wage contract appeared in America. The wage contract also set in motion a contradiction between the capitalist owners of the means of production and the new American Working Class. The wage contract allowed the owners of working class labor, and the instruments of production, to evolve into an American Ruling Class, and the producers of all commodities and wealth became the American Working Class People wage-workers class. Because of their divergent interests, the two classes formed a class contradiction, and the latter became known as the capitalist American Ruling Class Opposite and the American Working Class Opposite (People) wage-workers. This development occurred mainly in the northern factory economy, while in the South, uncompensated African Slave Labor was dominant, which was owned by an American Slaveholding Class.
By 1860, the contradiction between the capitalist American Ruling Class Opposite owner of the wage labor system came into a head-on contradiction with uncompensated African Slave Labor, and a bloody Civil War was fought to determine which type of means of production would prevail and dominate during the 20th Century?
The South was defeated, and the wage contract system became nationalized.
Therefore, throughout the twentieth Century, including the beginning of the new Millennium, the capitalist American Ruling Class Opposite expropriated the labor’s product of the American Working Class Opposite (People) wage-workers, which resulted in this class accumulation of multiple-billions of dollars of Surplus-Value, and simultaneously this loss translated into the American Working Class Opposite (People) wage-workers’ increasing alienation, estrangement, loss self-identity, self-expression, and freedom.