PETITE COMMODITY PRODUCTION

PETITE COMMODITY PRODUCTION
It is a form of production in which: the producer has ownership or de facto possession of the means of production;
the goods or services produced are commodities (that is, sold through the market);
the producer does not systematically hire wage workers, but may use unpaid family labour;
the scale of production is small and there little capital accumulation.

PROLETARIZATION
This label is applied to the process by which sections of the middle class become absorbed in the working class. K.Marx and F.Engels predicted that small producers and self-employed artisans would gradually disappear.

THE STRUCTURE OF THE OLD MIDDLE CLASS
Petite bourgeoisie.
Independent professionals.

THE PETITE BOURGEOISIE
It is a distinctive form of social organization in which petty productive property is mixed with family labour.
Classical types:
Small shopkeepers.
Self-employed artisans.
Farmers.