3 ms·
> One layer deeper, it commoditizes people's time, making them more replaceable and lowering what one's salary can buy even longer. More or less you have summa
by chewz 6y ago
> One layer deeper, it commoditizes people's time, making them more replaceable and lowering what one's salary can buy even longer.
More or less you have summarized Karl Marx's conclusions in Das Kapital. "as capital accumulates the situation of the worker, be his payment high or low, must grow worse". The commoditization of peoples time is the way the capitalism extracts value from work.
And yes, this last stage of capitalism will be the toughest for the people..
https://en.wikipedia.org/wiki/Das_Kapital,_Volume_I https://en.wikipedia.org/wiki/Das_Kapital,_Volume_I