Tag: Automation
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Part 18: Unveiling Exploitative Practices: The Transformation of Labor-Power into Wages in the Digital Realm
Marx’s analysis of the transformation of the value of labor-power into wages examines the relationship between labor and capital within a capitalist system. He highlights the exploitative nature of this transformation, wherein workers’ labor-power is commodified and exchanged for wages. In this process, the value of labor-power is determined by the socially necessary labor time…
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Part 17: Unveiling Exploitative Practices: The Digital Economy’s Different Forms of Relative Surplus-Value
Karl Marx’s analysis of different forms of relative surplus-value highlights the exploitative practices prevalent in capitalist systems. In today’s digital age, these forms extend beyond traditional labor practices to include the unauthorized use of personal data, information, and privacy by big tech companies. This blog post delves into the various manifestations of relative surplus-value within…
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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 12: Unlocking the Potential of Relative Surplus-Value in the Digital Age: Technology, Division of Digital Labor, and the Need for Mitigating Risks
Karl Marx’s analysis of relative surplus-value remains pertinent in the digital age, where technology and the division of digital labor shape productivity. This blog post delves into the concept of relative surplus-value within the digital realm, exploring how technology and the division of digital labor drive productivity. Alongside examples of the division of digital labor,…