Posts Tagged ‘David Harvey’

Capitalism without a working class

July 9, 2019

Karl Marx and other socialists believed that capitalism depended on exploitation of workers, and that workers could liberate themselves by taking control of the means of production.

But the driving force in capitalism today is to eliminate workers as much as possible.  Manufacturing jobs are being eliminated through automation.  Now service jobs are being eliminated through use of artificial intelligence.

The end result would be a capitalism without workers—just investment in capital goods such as robots and AIs.

I don’t say this would ever happen completely, and it wouldn’t happen any time soon, but this is the direction we’re heading.

Treating people as unnecessary, and telling them that they are unnecessary, is wrong and very dangerous.

Almost everyone has it in them to do something that is useful and beneficial to others.  An economic system should be set up to honor and encourage this.  Investing in machines rather than investing in people is a choice, not a law of nature.

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