Category: Capital Accumulation
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Part 22: Unveiling the Digital Dystopia: Unpacking Capital Accumulation in the Age of Big Tech
Welcome to our extensive blog post, where we delve into the intricate world of capital accumulation in the digital age, specifically within the realm of big tech. Drawing inspiration from Marx’s analysis of the general law of capitalist accumulation the general law of capitalist accumulation, as outlined by Marx, describes the cyclical process of capital…
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Part 16: Unraveling the Digital Economy: Changes in Labor-Power Price, Surplus-Value, and Capital Accumulation
In Karl Marx’s analysis, the examination of changes in the price of labor-power and their implications on surplus-value and capital accumulation sheds light on the fundamental dynamics of the capitalist economy. Marx explores how fluctuations in the price of labor-power, which refers to the cost of labor necessary for workers’ subsistence, can influence the extraction…