Tag: Wage Disparity
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Part 21: Unraveling the Digital Divide: Exploring Global Capitalism and Wage Disparity in the Digital Realm
Introduction: The digital realm has transformed the global economy, allowing digital workers from various countries to collaborate and compete on a scale never seen before. In this blog post, we delve into the challenges faced by digital workers in relation to national differences in wages and the influence of global capitalism. Drawing inspiration from Karl…
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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…