Category

Economics

Humans, Robots and Value Theory

“We use machines to make our labor more productive. Productivity is a measure of the amount of use-value created in a span of time. Since, for Marx, value is determined by labor time an increase in productivity (in use-values) does not create a corresponding increase in value. The same amount of value is created, just…

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Generosity Should Hurt a Little

They all gave out of their wealth; but she, out of her poverty, put in everything–all she had to live on.” – Mark 12:44 In the above verse, Jesus is basically defining generosity by examining the effect the gift had on the life of the giver. The gifts of the rich people were meaningless in…

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