> All of the things you have mentioned above involve _private_ accumulation
But how private is that accumulation nowadays? Mitsubishi is a quasi-public entity with the credit rating and financial might of a European nation-state; the capital it controls is objectively socialized, i.e. shielded from the market forces, by layers and layers of cross-ownership links, long-term financial structures, supplier-contractor relationships, and the discreet hand of the Japanese government (the postal savings bank). Historically, Mitsubishi has acted less like a private capitalist and more like a set of public networks.
This isn't to say that East Asian capitalism isn't the rapacious, brutal and ecologically toxic system it indeed is. It's just that Marx's point, about how joint-stock corporations represent a limited kind of progress over the Smithian entrepreneur, might also apply to the keiretsu of today.
-- DRR