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You should check out this guy called Marx, he wrote a couple books about how labor is always disadvantaged in such a system because their power ebbs and flows w
by nextstep 4y ago
You should check out this guy called Marx, he wrote a couple books about how labor is always disadvantaged in such a system because their power ebbs and flows with the fluctuations of the market. The main check that labor has on this power is to bargain collectively. Seems tech missed that opportunity five years ago when it was top of mind but many people felt things are good why would we need a union.
- Der_Einzige 4y agoThe LVT is incoherent when applied to tech work. We don't exploit electrons. Boom bust cycles don't end up with contradictions that capitalism can't resolve, it just makes capitalism stronger. The absolute law of general accumulation doesn't exist either. As tech gets better, unemployment trends down. The tendency for the rate of profit to fall also doesn't exist. Economists have a name for the law that says the tendency for the rate of profit rises over time. So why should I trust Marxism when at least 4 of his giant predictions are empirically wrong after hundreds of years? Scientific socialism implies that we should have seen successful communist states by now. Zero of them are successful.