If you get value out of this stuff, consider becoming a Patron: www.patreon.com/OneDime Many have asked me for tips on how to read a lot. Here is a hack that I use all the time to consume 10x more books when I don’t have time to read (I typically only read physical books in the morning): I use this app called Speechify, which is by far the best text-speech reader on the internet (trust me I have tried em all). You can plug in PDFs or links of books or articles, and it will read them to you. It’s scary how many of the AI voices feel exactly like real humans. If I had used this app earlier in my life, I would have saved SO much money on not buying audiobooks. You can sign up using my link here: speechify.com/?source=fb-for-mobile&via=1Dime
A long term issue of conversations coming from anti-capitalist & marxian perspectives is needing to simplify language. It's been necessary in my volunteer work to go from presenting using academic language to needing to present using language on par with the XKCD comic "The Up Goer Five" (A literary experiment reducing complicated tasks into the most common 1,000 words in the English language.) Is it frustrating to truncate things to that level? Yes. Is the average reading level of the USA, according to the department of education, at a 6'th grade level? Also yes. Is there an issue dealing with outright illiteracy? Also also yes. Regarding the actual subject matter - I've said the following, the current majority holders of capital in this era are death cultists. What do I mean? The system these resource hoarders built only benefits them as long as they can endlessly extract from everyone. It's parasitic and akin to being covered in ticks. The parasite doesn't give two shits about its host, they'll merrily bleed them to death and never think about the harm being done.
I lost my train of thought when I was talking about the non-binary character of automated production and it's significant with regards to the end of capitalism: because non-binary technology is undermining and demystifying the bourgeois binary scientific worldview, dialectical materialism is already becoming the contemporary scientific worldview.
I'm skeptical of the dialectic, as it seems akin to tyranny. These days, I believe we need more pluralistic systems, where we can employ more nuanced modes of conceptualization that aren't reduced to dialectical synthesis, which merely appears as a heuristic for pluralism
@@ai_serf in my view there's 3 possibilities .. a line of reasoning is either 1. dialectic or 2. peremptory or 3. completely useless and inconsequential ... only the first has some worth.. no matter if we call it dialectic or something else.. i sometimes hear people saying dialectic is tyranny but it turns out they're talking about the _problem -> reaction -> solution_ method that authority uses to surreptitiously impose it's decisions.. which only appears dialectical but is really just sophistry ....
Im not sure now relevant the falling rate of profit will ultimately be (particularly in the US) when the state can bouy whichever sectors/corps they want. Defense and tech sectors come to mind. Its almost as if the state can bolster or wither various parts of the bourgeoisie via contracts or QE. And this is just an impression, but our current bourgeoisie dont seem like the carnegie or rockefeller types but decadent rentier leaches (i think a byproduct of how non-agentive the bourgeoisie are under current conditions of global capitalism). But there has been a trend towards less investment in commodity production leading to things like the baby formula shortage a while back. How does that land?
The falling rate of profit is the tendency for the market to be in equimibrium AKA the ERE. Lenin saw this and did not understand it, when profits are zero it necessarily means that goods are being allocated perfectly
Sorry, but I think this guy gets something very wrong here. "Labor intensity" isn't a tangible concept, but a relational one. The very same production process can be labor intensive or not, depending on how much money must be spent on labor, i.e., how high the wages are. High wages may eat into past profits (savings), but they do decidedly *not* eat into future profits - on the contrary: they increase them. The real reason why the rate of profit is dropping is twofold: 1. While overall high labor intensity makes for high profits, the individual capitalist profits more if his production process is more capital intensive. Capitalists are therefore incentivized to automate *without* paying their workers extra. 2. Capital intensive production makes for a great entry barrier to start businesses. It's a way for capitalists to stay in charge and decrease social mobility (which from their point of view would be downward).
A novel perspective, first in the World! Where is capitalism going? … Digitalism vs. Capitalism: The New Ecumenical World Order: The Dimensions of State in Digitalism by Veysel Batmaz is available on Internet.
He says 3D printing is additive, but for certain tasks, we still need to use subtractive methods, like metalworking. Regardless, why didn't he mention AI or digital technology there? Digital should be the best example of additive technology. You have your code that is zeroed out, and then you just change certain 0s to 1s, and we have duplicated something with relatively no work, besides the physical energy costs(powering the CPU, powering the RAM, etc...).
I wonder if Marxists can jettison the surplus value and keep the concept of contradiction that leads to the worker not being able to buy what capitalists produce because prices overtake wages. Marxism could also keep the idea that “free market” is belied by the tendency to monopoly. Capitalists hate to compete because they want it all. Surplus value is unnecessary to argue the foregoing. Surplus value is next to impossible to prove because work of employees is difficult to distinguish from subjective market demand or the value that active entrepreneurship.
The white men came to Africa during the Phase of Accumulation hence increasing intensity of Apartheid. Once it enters the phase of Production there is a decrease in intensity of Apartheid.
If you get value out of this stuff, consider becoming a Patron: www.patreon.com/OneDime
Many have asked me for tips on how to read a lot. Here is a hack that I use all the time to consume 10x more books when I don’t have time to read (I typically only read physical books in the morning): I use this app called Speechify, which is by far the best text-speech reader on the internet (trust me I have tried em all). You can plug in PDFs or links of books or articles, and it will read them to you. It’s scary how many of the AI voices feel exactly like real humans. If I had used this app earlier in my life, I would have saved SO much money on not buying audiobooks.
You can sign up using my link here: speechify.com/?source=fb-for-mobile&via=1Dime
A long term issue of conversations coming from anti-capitalist & marxian perspectives is needing to simplify language. It's been necessary in my volunteer work to go from presenting using academic language to needing to present using language on par with the XKCD comic "The Up Goer Five" (A literary experiment reducing complicated tasks into the most common 1,000 words in the English language.)
Is it frustrating to truncate things to that level? Yes.
Is the average reading level of the USA, according to the department of education, at a 6'th grade level? Also yes.
Is there an issue dealing with outright illiteracy? Also also yes.
Regarding the actual subject matter - I've said the following, the current majority holders of capital in this era are death cultists. What do I mean? The system these resource hoarders built only benefits them as long as they can endlessly extract from everyone. It's parasitic and akin to being covered in ticks. The parasite doesn't give two shits about its host, they'll merrily bleed them to death and never think about the harm being done.
I lost my train of thought when I was talking about the non-binary character of automated production and it's significant with regards to the end of capitalism: because non-binary technology is undermining and demystifying the bourgeois binary scientific worldview, dialectical materialism is already becoming the contemporary scientific worldview.
that's so true ... you're a prophet
I'm confused what you mean by this. "non-binary technology" like an analog signal? the thing we used before digital?
I'm skeptical of the dialectic, as it seems akin to tyranny. These days, I believe we need more pluralistic systems, where we can employ more nuanced modes of conceptualization that aren't reduced to dialectical synthesis, which merely appears as a heuristic for pluralism
@@ai_serf in my view there's 3 possibilities .. a line of reasoning is either 1. dialectic or 2. peremptory or 3. completely useless and inconsequential ... only the first has some worth.. no matter if we call it dialectic or something else..
i sometimes hear people saying dialectic is tyranny but it turns out they're talking about the _problem -> reaction -> solution_ method that authority uses to surreptitiously impose it's decisions.. which only appears dialectical but is really just sophistry ....
@@tsenotanev just a keen observer!
Im not sure now relevant the falling rate of profit will ultimately be (particularly in the US) when the state can bouy whichever sectors/corps they want. Defense and tech sectors come to mind. Its almost as if the state can bolster or wither various parts of the bourgeoisie via contracts or QE. And this is just an impression, but our current bourgeoisie dont seem like the carnegie or rockefeller types but decadent rentier leaches (i think a byproduct of how non-agentive the bourgeoisie are under current conditions of global capitalism). But there has been a trend towards less investment in commodity production leading to things like the baby formula shortage a while back. How does that land?
The falling rate of profit is the tendency for the market to be in equimibrium AKA the ERE.
Lenin saw this and did not understand it, when profits are zero it necessarily means that goods are being allocated perfectly
Sorry, but I think this guy gets something very wrong here.
"Labor intensity" isn't a tangible concept, but a relational one. The very same production process can be labor intensive or not, depending on how much money must be spent on labor, i.e., how high the wages are. High wages may eat into past profits (savings), but they do decidedly *not* eat into future profits - on the contrary: they increase them.
The real reason why the rate of profit is dropping is twofold:
1. While overall high labor intensity makes for high profits, the individual capitalist profits more if his production process is more capital intensive. Capitalists are therefore incentivized to automate *without* paying their workers extra.
2. Capital intensive production makes for a great entry barrier to start businesses. It's a way for capitalists to stay in charge and decrease social mobility (which from their point of view would be downward).
Great vid. Econ is tough for me to keep up with so I may give it a rewatch but it was very informative. Will write down the book for later.
I had no idea about the reason behind nuclear power falling out of prominence being that it was threatening the "hegemony" of fossil fuels.
YO THE TEXHNOLYZE THEME IN THE INTRO! I liked you from the Hasan reacts but now I know you're my type of mf.
A novel perspective, first in the World! Where is capitalism going? … Digitalism vs. Capitalism: The New Ecumenical World Order: The Dimensions of State in Digitalism by Veysel Batmaz is available on Internet.
Love that book
He says 3D printing is additive, but for certain tasks, we still need to use subtractive methods, like metalworking. Regardless, why didn't he mention AI or digital technology there? Digital should be the best example of additive technology. You have your code that is zeroed out, and then you just change certain 0s to 1s, and we have duplicated something with relatively no work, besides the physical energy costs(powering the CPU, powering the RAM, etc...).
I wonder if Marxists can jettison the surplus value and keep the concept of contradiction that leads to the worker not being able to buy what capitalists produce because prices overtake wages. Marxism could also keep the idea that “free market” is belied by the tendency to monopoly. Capitalists hate to compete because they want it all. Surplus value is unnecessary to argue the foregoing. Surplus value is next to impossible to prove because work of employees is difficult to distinguish from subjective market demand or the value that active entrepreneurship.
🤠💜
The white men came to Africa during the Phase of Accumulation hence increasing intensity of Apartheid. Once it enters the phase of Production there is a decrease in intensity of Apartheid.
Hall Shirley Robinson Mary Clark William
Jackson Richard Lopez Jessica Young Donald
This isn't the video you hinted about coming out, where you're talking with an anti-MMTer, is it?
Yeah
First, you need to realize you are all members of the bourgeoisie.