Value In Motion | Beverley Best & Aaron Benanav
The Verso Podcast
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Exploring Marx's Critique of Capitalism and Labor Underemployment
This chapter delves into Marx's concept of capitalism and how it leads to crises, emphasizing the role of technology in driving down labor power and maximizing productivity. It discusses the dynamics of work in the context of automation, underemployment, and the changing nature of labor markets, highlighting the challenges posed by low demand for labor and varied sources of income. Through a Marxist lens, the chapter explores the invisible movement of value, critiques mainstream narratives on economic phenomena, and explains the concept of surplus value derived from human labor in capitalist societies.
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