Tag: Use-Value and Exchange-Value
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Part 4: From Currency to Capital: Unveiling the Transformation of Information, Data, and Privacy into Digital Wealth
In Karl Marx’s exploration of the transformation of money into capital in his seminal work “Capital,” he dissected the process of accumulating wealth through the exploitation of labor. While Marx’s analysis primarily focused on the realm of material production, the principles underlying this transformation can be extended to the digital landscape. In this blog post,…
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Part 3: Unveiling the Digital Fetishism: Exploring the Hidden Social Relations Behind Information, Data, and Privacy
In Karl Marx’s work “Capital,” he introduced the concept of commodity fetishism, wherein the social relations between people are obscured by the exchange-value of commodities. While Marx primarily applied this concept to traditional commodities, such as goods and services, its relevance extends to the realm of information, data, and privacy in our digital age. In…