[embedded content]Automation Of Chinese Ports
With automation, many processes for production and distribution now execute with minimal
human oversight. How can the labor theory of value, as in volume 1 of Capital,
be compatible with this?
Marx has some comments on this subject in the Grundrisse:
The exchange of living labour for objectified labour – i.e. the positing of social labour in the form of the
contradiction of capital and wage labour – is the ultimate development of the value-relation and of
production resting on value. Its presupposition is – and remains – the mass of direct labour time,
the quantity of labour employed, as the determinant factor in the production of wealth. But to the
degree that large industry develops, the creation of real wealth comes to depend less on