Category

Economics

Poor White People and Racism. WTF?

“The links between capitalism and racism have also been well documented. It is a little recognized fact that the breakdown of union power in the late 1960s was facilitated, in part, by the racial tensions that spread through heavily unionized industries (especially steel and automotive) in the wake of pushes to desegregate the unions. Working…

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Even the so-called laws of nature are themselves little more than islands of relative stability in a sea of process.

“The salient idea of process philosophy is that the world consists of—and must, in consequence, be understood in terms of—changes rather than fixed stabilities. But from the time of Pythagoras, various philosophers have taught that while the world’s phenomena may be ever-changing, the laws that govern the comportment of these changes are stable and fixed…

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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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