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the example kinda shows that a basic Marxist analysis doesn't reveal much useful insight about the modern world. the faang engineer's stock is probably worth mo
by leetcrew 5y ago
the example kinda shows that a basic Marxist analysis doesn't reveal much useful insight about the modern world. the faang engineer's stock is probably worth more than the bakery to begin with, but it doesn't actually give them any control over the MoP. if they really wanted to, they could become the bakery owner. but that would be an indulgence, not a smart financial move.
- giraffe_lady 5y agoNo because you're still thinking about it in terms of personal economics when actually it's about power and violence. If you must sell your labor to pay for the requirements of life, then you're vulnerable to being denied access to that transaction and will suffer the consequences. The marxist analysis is limited in some ways but in this one it is a clarifying advantage. It doesn't matter, for some purposes, how much you earn if you must earn it to survive. If you've earned enough that you can buy a bakery on a whim, or stop working entirely, then your economic interests are rarely if ever going to align with people forced to sell their labor and so you've partially or completely transitioned to something else, I think.