by Summary:
Technological innovation increases productivity, decreasing the need for human work and increasing the opportunity for leisure. It's a distribution issue. The problem is that under capitalism, gains are capitalized and losses are socialized. Under socialism, gains are socialized and losses are minimized. Who is going to win this race, those aiming at the top or those racing to the bottom?NEOTechnology & The Marxism of Jack Ma Caleb Maupin
Topics:
Mike Norman considers the following as important: distribution, Globalization, Jack Ma, leisure, Marxism, productivity gains, socialism, technological innovation
This could be interesting, too:
Technological innovation increases productivity, decreasing the need for human work and increasing the opportunity for leisure. It's a distribution issue. The problem is that under capitalism, gains are capitalized and losses are socialized. Under socialism, gains are socialized and losses are minimized. Who is going to win this race, those aiming at the top or those racing to the bottom?NEOTechnology & The Marxism of Jack Ma Caleb Maupin
Topics:
Mike Norman considers the following as important: distribution, Globalization, Jack Ma, leisure, Marxism, productivity gains, socialism, technological innovation
This could be interesting, too:
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Technological innovation increases productivity, decreasing the need for human work and increasing the opportunity for leisure.
It's a distribution issue.
The problem is that under capitalism, gains are capitalized and losses are socialized.
Under socialism, gains are socialized and losses are minimized.
Who is going to win this race, those aiming at the top or those racing to the bottom?
Caleb Maupin