Marx's Capital: Chapter 12-15 - Machinery, technology, and productivity

In this latest video from our recent Capital in a Day event, Adam Booth - editor of www.socialist.net - looks at the ideas and concepts introduced in chapters 12-15 of Das Kapital, where Marx explains how the capitalists use machinery, organisation, and planning in order to reduce their costs and boost their profits.

Adam, in turn, relates these questions to the zeitgeist issues of today: the monopolisation of industry under capitalism, and the concerns over automation, "technological unemployment" and the "race against the machine".


Marx's Capital: Chapter 12-15 - Machinery, technology, and productivity
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Adam Booth discusses the role of technology and machinery under capitalism - to raise productivity, reduce costs, and make profits for the capitalist class.

In this latest video from our recent Capital in a Day event, Adam Booth - editor of www.socialist.net - looks at the ideas and concepts introduced in chapters 12-15 of Das Kapital, where Marx explains how the capitalists use machinery, organisation, and planning in order to reduce their costs and boost their profits.

In this latest video from our recent Capital in a Day event, Adam Booth - editor of www.socialist.net - looks at the ideas and concepts introduced in chapters 12-15 of Das Kapital, where Marx explains how the capitalists use machinery, organisation, and planning in order to reduce their costs and boost their profits.

Adam, in turn, relates these questions to the zeitgeist issues of today: the monopolisation of industry under capitalism, and the concerns over automation, "technological unemployment" and the "race against the machine".


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