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Alexandre Oliva (moving to @lxo@snac.lx.oliva.nom.br) (lxo@gnusocial.jp)'s status on Monday, 13-Jan-2025 03:41:53 JST

  1. Embed this notice
    Alexandre Oliva (moving to @lxo@snac.lx.oliva.nom.br) (lxo@gnusocial.jp)'s status on Monday, 13-Jan-2025 03:41:53 JST Alexandre Oliva (moving to @lxo@snac.lx.oliva.nom.br) Alexandre Oliva (moving to @lxo@snac.lx.oliva.nom.br)
    in reply to
    • Dave Rahardja
    I wonder if they even understand capitalism

    all profit in capitalism is obtained by exploiting human labor

    machines and automation don't make profit: they end up priced at around the value they provide over their lifetime.

    machines and automation help make profit when they increase productivity of human laborers, so as to increase the extracted value

    replacing human labor entirely will be the end of profit, and the end of capitalism

    but capitalists can't help it, can they?
    In conversation about 5 months ago from web permalink

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