Extensive stage, or by its full name, predominantly extensive stage of accumulation is pertains at one of the periodizations of capitalism, as proposed by Aglietta (1976). It is the first stage of capitalism and thus in it there is plenty of room for the extension of capitalist relations of production, meaning, of wage labour and therefore of commodity production. In other periodizations this is known as early or concurrential stage. It is characterized by high rates of growth (runaway, unfettered).
One of the best descriptions of this stage as it developed in England is in Marx's Capital I, Part VI: The so-called primitive accumulation.
When the extensive stage becomes exhausted, it is followed by the intensive stage (of predominantly intensive accumulation).
Famous quotes containing the words extensive and/or stage:
“The tumultuous populace of large cities are ever to be dreaded. Their indiscriminate violence prostrates for the time all public authority, and its consequences are sometimes extensive and terrible.”
—George Washington (17321799)
“The stage is not merely the meeting place of all the arts, but is also the return of art to life.”
—Oscar Wilde (18541900)