SOC 258 Lecture Notes - Lecture 14: Labour Power, Capital Accumulation, Identity Politics
The challenge of Automation!
Important passage **** “As automation spreads, it will intensify the crises of capitalism and
sharpen the conflicts among the carious sections of the population, particularly between those
working and those not working, those paying taxes and those not paying taxes”!
Continued on Technology and Automation!
Process of money, commodity, money. (sending money to get money)!
"Money- Need raw material (like tech/machinery; space) labor power.!
"Then go through labor process to get to commodity- !
"Then You get money originally put in plus a profit. #
Simply circuit of capital accumulation (M-C-M’) money, commodity, money (prime). Karl Marx!
Where does profit/surplus value come from in this process?!
Money (M)—> labor process—> Commodity (C)—>surplus. Money gotten from this !
Money (M)- capitalist/entrepreneurs enters the market as a buyer; !
•raw materials, machinery, space- crustant capital!
-Labor power=variable capital#
-Exploitation=the process doesn’t fully compensate the workers for the value of what they
produce. !
-What is identity? (challenges this notion)-problem with identity politics.!
-Normally people start with assumptions that race, class, gender are upfront and then work
backward from there.!
"set of problems with how say we think about race and how actually in real life conflict!
-Planned obsolescence-idea that products are made with a shelf life. (their made to become
obsolete) -clothes -cars (even though technology there, finite shelf life placed on them so at
some point have tp buy another one-if made cars that lasted indefinitely then would never buy
another car so shop would go out of business)!
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Process of money, commodity, money. (sending money to get money) Money- need raw material (like tech/machinery; space) labor power. Then go through labor process to get to commodity- Then you get money originally put in plus a pro t. Simply circuit of capital accumulation (m-c-m") money, commodity, money (prime). Money (m)- capitalist/entrepreneurs enters the market as a buyer: raw materials, machinery, space- crustant capital. Exploitation=the process doesn"t fully compensate the workers for the value of what they produce. What is identity? (challenges this notion)-problem with identity politics. Normally people start with assumptions that race, class, gender are upfront and then work backward from there. set of problems with how say we think about race and how actually in real life con ict. Coercive laws of competition-shops compete with others, which increases this cycle of producing items. So weren"t starting completely from scratch & able to help them with their movement. Demand being heard by standing outside and banking pots.
