alt Hacker NewsMarx fails to imagine a world in which labor actually has little to no value.
His worldview is primarily that capitalists 'steal' the valuable labor. However it doesn't seem that that is actually the world we are in. Instead the intrinsic value of human labor seems to be slowly trending towards zero.
And it kind of makes sense, same has happened with oxen labor, horse labor, etc.
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Isn’t it the complete opposite? i.e. high automatization means that a single worker can create many times more value than before. However it reduces the demand for labor and worker bargaining power. So companies have no incentive to pair “fair” wages.
low skilled human labor is going to zero. high skill approaches infinity.
> Marx fails to imagine a world in which labor actually has little to no value.
Marxism was an idea formulated especially as a reaction against a world where labor has lost almost all of its value. Which is precisely the origin of capitalism - the idea that money itself can be productive, and thus people who have lots of money can be expected to get more of it.
This was an untrue idea for most of human history, outside of the circles of moneylending and banking.
It doesn't seem like the value of human labor is going away. If you look at luxury goods, they're still "handmade". Telecoms still advertise human representatives. Nursing homes still charge massive amounts for personal service.
What's changing is how much of that surplus value is captured by the workers doing the labor.
> And it kind of makes sense, same has happened with oxen labor, horse labor, etc.
Sounds like we should start imagining a world where we don't treat people like literal livestock, and then figure out how to get there fast