Steffan J Mos
ISF 100A essay 1
Man vs. Machine Surplus Value output
Within society there has always been producers and consumers, those who work for the benefit of others to gain in return a medium of exchange of wealth and salary for personal consumption at a later time. But at what cost of these workers, what of the surplus or rather byproduct of labor that workers create for capitalists to make economic profit of the workers? Their labor-cost, according to nineteenth century German economist Karl Marx, is then able to be appropriated by Capitalist and in return allows then for economic profit/growth. This being the root of what we call capital accumulation, or the gathering of objects of value to
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If these machines were not available to the your employees to use for production, your amount of productivity would diminish and you would as a capitalist would see profits drop. Meghnad Desai in Marx II states “..He used these arguments to explain movements in the rate of profits, yet in his view the level of the profit rate at any point in time was still pretty independent of the production contribution of capital (113).” This reasoning premised Marx to state that machines do not produce profit, for a machine is just a machine without a human labor function, the real profit is determined still by the work force. Another counter argument against that of mechanized work force is that machines only last so long and become outsourced and improved given the rate of technology. Therefore, the variable of worker-production labor is dismissed and the changing variable now then becomes the given state of technology a firm yields. Although mechanizing the labor force tends to ramp productive and produce at the most efficient level of production, a negative effective is has on the supply side is that there is always improvements and advances that outsource the previous level of technology. This constantly changing variable makes firms keep reinvesting and continuously updating their technology, which in return allows for more investment into technology and growth in the production sector.
Mos 4 In Karl Marx’s third volume of capital