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Class 08 - Chapter 15

Reading Marx's Capital (audio)

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The Impact of Machinery on Capitalistic Production

This chapter explores the role of machinery in reshaping social relations and the working day within capitalist systems. It delves into the concept of moral depreciation, the devaluation of machinery, and the generation of surplus value, highlighting the systemic imbalances and crises it can create. The narrative also discusses how technology impacts the intensity and speed of work, ultimately affecting productivity and social dynamics.

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