I think I had a stroke reading this
Yeah it needed a slight rewrite, thanks for the criticism!!
Quite the contrary, it’s properly structured and leaves no room for misinterpretation, given that the reader can, well, read.
I did a very slight rewrite, here is the original quote: Capital is dead labor, which, vampire-like, lives only by sucking living labor, and lives the more, the more labor it sucks.
“I got fever…and the only cure is more commas!”
Bullshit, I haven’t been sucked in years.
Okay but have you had your energy sucked from you by working for a corporation? That’s what we’re talking about here.
i love it when socialists argue against the concept of debt and currency.
Capital is more like stored labour. The first ever capital was just a starp stick or spear. Someone spent labour and it resulted in a more productive way to hunt animals. This almost immediately would’ve resulted in inequality as the spear hunter caught more game. It’s not that the capital was taking anything from the labourer, it’s actually that capital and labour work really well together and humans are more productive with capital.
In a ML system, how does labor aquire the tools and facilities they need to do their work? If they pay for it themselves do workers who join later need to compensate the earlier workers?
If bank loans still exist and the workers take one, they are giving some of the value they create to the bank. Again, do future workers compensate past workers who made that sacrifice?
its so hard to read and i dont even think the analogy makes sense
Capital is surplus labor that has already been produced by wage laborers and extracted by Capital Owners. Capital owners then use the capital created by labor to extract more Capital via various financial instruments which exist to extract the value created by labor. Making it a cyclical loop growing more and more capital resulting in the vast wealth that Billionaires, corporations, and hedge funds possess today.
yeah, but i was talking about the analogy of having “living labor” and “dead labor”
Gotcha, here goes. Labor creates value. Capital owners pay labor a fraction of the value they create then hold on to the surplus value which was created by labor that has already been completed. Capitalists then use that ‘dead labor’ to suck up more value from ‘living labor’ that they are currently extracting surplus value from. Similar to a vampire sucking blood from living creatures, using the power it already sucked from a creature it killed from sucking blood from.
This is blowin my mind comrade
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