Smith charges Harvey and Brenner, among others, with underestimating that the “highly competitive low-cost producers” (Brenner) was a result of the drive of firms in the imperialist economies to cut costs by replacing relatively expensive domestic labor with cheap labor […]
It is not the problem around the transfer of value or the reproduction of the value portion of fixed capital that Marazzi deals with in his essay The Amortization of the Body-Machine (Marazzi 2012: 35ff. ) (according to which constant
Machine surplus value and differential accumulation
The global proletariat, as we have already seen, has never been as large as it is today. And yet the share of wages in domestic income has declined in both the South and the North. According to the ILO, since
Das Autorenteam Dyer-Witheford, Kjøsen und Steinhoff hat mit Inhuman Power ein verdienstvolles Buch zur Künstlichen Intelligenz (KI)[1] aus marxistischer Sicht vorgelegt. (Dyer-Witheford, Kjøsen, Steinhoff 2019) KI definieren die Autoren infolge des Theoretikers Kaplan recht allgemein als die Fähigkeit von Maschinen
Hyperrealität und Künstliche Intelligenz
In financial markets, asset pricing is a specific historical mode of pricing out options to then convert those options into cash. Pricing out an option in the form of a guarantee in order to sell it at its current price
Robert Meister’s book „Justice is an Option“ (3) – A Revaluation of the Financial Markets
“The torrent is called violent, but the riverbed that constricts it is called violent by no one.” Bertolt Brecht Not much has changed since Jean Baudrillard, in an article on the riots in the banlieues in 2005, spoke of how
note on the uprisings in France
“Der reißende Strom wird gewalttätig genannt, aber das Flussbett, das ihn einengt, nennt keiner gewalttätig.” Bertolt Brecht Nicht viel hat sich verändert, seitdem Jean Baudrillard in einem Artikel zu den Unruhen in den Banlieues im Jahr 2005 davon sprach, dass
Notiz zu den Aufständen in Frankreich
Der klassische Faschismus gewinnt als eine dem Staat zunächst äußerliche und streng hierarchisch gegliederte Organisation durch legale Machtübernahmen die Dominanz über die Staatsapparaturen, um dann mit spezifischen Apparaten zu verschmelzen, wobei das in die Krise geratene kapitalistische System beibehalten und
Deleuze/Guattari haben ein Konzept der abstrakten Maschine entwickelt, in dem die Maschinen weder als Universalien noch als Ideale auftauchen, vielmehr sind sie unter dem Aspekt der Montage, der Transformation und der Kombination von Verbindungen auf einer Konsistenzebene zu begreifen (nichtformalisierte
Brassier, Abstrakte Maschinen und Tausend Plateaus
Meister asks why, in a world dominated by finance, we should look to the future through Marx’s eyes? The answer is that the extraction of surplus value in production had the purpose of preserving and accumulating it as an instrument
Robert Meister’s new book „Justice is an Option“ (2) – A Revaluation of the Financial Markets
One reason why transnational corporations increasingly prefer to externalize their business activities to independent firms is that this forces them into intense competition with each other, which is then an effective way to depress wages and intensify labor. Another incentive
In the next chapter, Smith examines in more detail the globalization of production in terms of outsourcing by transnational corporations since the 1960s. It was not only the large distribution companies that resorted to textile production and other goods in