So the ten men can all do a tenth of the labor now right?
Oh you’re going to fire nine, cut the tenth’s pay, and make him work even longer hours, and keep the vast majority of the profits for yourself, got it. That’s fine too I guess…
There are a loooot of extra words in there, that seem unnecessary. I’ve read pages and pages now, and it’s just repeating meaningless words without reaching a conclusion. I have no idea what it’s trying to convey.
“I’ve made bought a machine that does the labor of 10 men!”
“You’re going to still pay the other nine, right?”
“Why? I bought it to get more of the money to myself. Why would I pay for something and get nothing in return? Why would I just lose money for no reason?”
Seriously though, the dynamics are pretty clear, there’s no investment without the expectation for extra profit (even for a state. Invest in a new railroad with the expectation of higher economic activity and therefore more taxes). Otherwise it’s just charity
I hope for your sake that when the factory workers can’t afford to feed their kids and they drag you from your home and try to beat you to death in front of your family they find that argument compelling.
“I’ve made a machine that does the labor of 10 men!”
“You’re going to still pay the other nine, right?”
…
You’re still going to pay the other nine, right?
So the ten men can all do a tenth of the labor now right?
Oh you’re going to fire nine, cut the tenth’s pay, and make him work even longer hours, and keep the vast majority of the profits for yourself, got it. That’s fine too I guess…
For more info on how automation works under capitalism, read chapters 15-16 of capital
Chapter 15: https://www.marxists.org/archive/marx/works/1867-c1/ch15.htm
There are a loooot of extra words in there, that seem unnecessary. I’ve read pages and pages now, and it’s just repeating meaningless words without reaching a conclusion. I have no idea what it’s trying to convey.
He does spend several pages worth of mobile phone screen just setting up his premises. What meaningless words are you referring to?
I don’t have the patience to read 20 pages with no arrival at any conclusion. Is there somewhere I can just read a summary of the conclusions?
“I’ve
madebought a machine that does the labor of 10 men!”“You’re going to still pay the other nine, right?”
“Why? I bought it to get more of the money to myself. Why would I pay for something and get nothing in return? Why would I just lose money for no reason?”
Seriously though, the dynamics are pretty clear, there’s no investment without the expectation for extra profit (even for a state. Invest in a new railroad with the expectation of higher economic activity and therefore more taxes). Otherwise it’s just charity
What if the teen men are the ones who own the machine?
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I hope for your sake that when the factory workers can’t afford to feed their kids and they drag you from your home and try to beat you to death in front of your family they find that argument compelling.
If you still pay the other 9,why would you even look for a machine though?
Maybe the machine also does it with less waste and more consistently, the same reason woodworkers make jigs for complex cuts or identical parts.
Still investing and taking recurring upkeep costs for something that may or may not yield more income.