Category: Concentration of Power
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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 14: Unveiling the Impact of Technology Giants: Machinery and Large-Scale Industry in the Digital Age
In Karl Marx’s seminal work, “Capital: Critique of Political Economy,” he extensively analyzes the profound impact of machinery and large-scale industry on the production process and the exploitation of workers. Marx elucidates how the introduction of machinery revolutionized the mode of production, leading to a significant transformation in labor relations. As technology advanced, machines replaced…
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Part 11: Understanding the Relationship between Rate and Mass of Surplus-Value in the Digital Era: Implications for Information, Data, and Privacy
In “Das Kapital,” Karl Marx highlights the relationship between the rate and mass of surplus-value and their impact on capital accumulation. The rate of surplus-value represents the intensity of labor exploitation and the generation of surplus-value, while the mass of surplus-value depends on both the rate and the size of the labor force. Marx argues…
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Part 10: The Production of Absolute and Relative Surplus-Value in the Digital Era: Harnessing Technology for Information, Data, and Privacy
In Karl Marx’s analysis, he examines the production of absolute and relative surplus-value as key mechanisms for capital accumulation. This analysis extends to the digital era, where information, data, and privacy are central to economic growth. This blog post explores the production of absolute and relative surplus-value in the context of information, data, and privacy,…