Because capitalism is working towards its own abolition by replacing commodity-producing labour with automated machines, capital’s profitability is increasingly dependent on low wages, high unemployment, public debt, state purchases, the centralisation of wealth, and — frankly — depopulation.
Why capitalism now needs ‘lockdowns’ (social enclosure/segregation) and ‘medical’ tyranny
Tag: Friedrich Engels
The Revolutionary Dictatorship of the Proletariat
Marx on technology
The longest chapter in Capital is the fifteenth, on “Machinery and Large-Scale Industry.” At almost 150-pages, it’s really a book in itself, a staggeringly dense and expansive discussion that could easily standalone—not only as a brilliant exegesis of capitalist machinery, but also as a sweeping social history of technology. At its broadest reach, the chapter is a vivid demonstration of historical materialism in action, of Marx’s method put through its dialectical paces. As ever with Marx, his footnotes aren’t to be passed over glibly: they’re worth studying, pondering over for the nuggets of insight they contain.
Marx on technology
Capitalism Keeps Us Pacified As It Drags Us Ever Closer To Doom, by Rainer Shea
Within today’s capitalist world, particularly the core imperialist countries, the system is held together by a type of cultural hegemony which fits our increasingly grim conditions. This cultural hegemony goes deeper than the set of myths and propaganda narratives that the imperialist media spins to justify the U.S./NATO empire’s perpetual war operations, or the free market fundamentalist dogma that our ruling class uses to justify its cruel neoliberal economic designs. These ideological constructs remain dominant in our culture because for the average person in our society, no cohesive alternative cultural narratives are detectable. It’s due to our lack of culture and guiding ideology that the hypocritical, dishonest ideologies which our ruling class has manufactured are allowed to go unchallenged.
Capitalism Keeps Us Pacified As It Drags Us Ever Closer To Doom, by Rainer Shea
[2018] Is China Still Socialist?
Naysayers and purists* will highlight flaws and inconsistencies, but this is nothing new or interesting. “Actually existing socialism will always fall short of the socialist ideal because it is precisely that ideal implemented within the confines of reality.”
Is China Still Socialist?
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Does automation spell the end of capitalism?
Capitalism will not ‘automatically’ morph into some ‘postcapitalist’ or socialist system due to technology replacing the human workforce. As the MARX MEMORIAL LIBRARY explains, ending capitalism will require a conscious, collective action on the part of ‘the many’ — the working class
Does automation spell the end of capitalism?