Tag: Labor-Power
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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…