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The Verso Podcast
Value In Motion | Beverley Best & Aaron Benanav
May 16, 2024
Beverley Best and Aaron Benanav discuss AI, surplus population, and the labor theory of value. They explore Marx's critique of capitalism, the impact of automation on labor, and the historical fears of job loss. The conversation delves into the intersection of capitalism, technology, and social transformation, emphasizing the need for collective action to create a more equitable future.
01:00:51
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Quick takeaways
- Marx's labor theory of value reveals exploitation where workers produce more value than they receive.
- Automation spurs debate on mass unemployment vs human liberation, reflecting technological changes.
Deep dives
The Role of Technology in Capitalism
Technology in capitalism serves not only as a potential for progress but also as an imperative for all to keep up with advancements. Marx observed the horrors of the Industrial Revolution, highlighting exploitation where workers produced far more value than they received in wages. The podcast delves into how value is derived from labor, known as the labor theory of value, a crucial concept in Marxism and economics.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode