@reinahendrixxx Great point. The “lived experience” idea shuns the whole notion of mediation that is central to Marx and central to why successful revolution is so difficult.
“Profit” is not the same thing as “rate of profit.” The analysis is helpful but does leave out how capitalist self destruction is driven also by the illusion of being an individual actor when prices are set socially and set a general rate of profit for the industry. It’s the difference between appearance and reality that drives capital’s self destructive capacity.
@DiabolicalSpuds Tell me you’re a Marxist without telling me you’re a Marxist. Increasing individual profits results in decreasing the general rate of profit.
Remember when Sam Bankman Fried ran a business worth $30billion dollars and yet only employed 300 people, while similarly valued Deutsche Bank employed 80,000?
Better hope Marx was wrong about the organic composition of capital.
https://t.co/hfm1lS5Kte
It’s interesting that Astronomer CEO Andy Byron must resign over being outed for an affair. It’s indicative of how the philosophical idealism contained in the notion that money can make more money as if it’s a property of money to do so and without exploitation is always masking itself as moral idealism.
The Bear is a show about how people overcome their issues through total immersion in their job. We all want a life where ‘every second counts.’ Yet it’s only at work where the customer experience must be purely curated that someone non ironically hangs such a sign.
It’s a form of meditative labor in the show, what Anna Kornbluh calls ‘Immediacy.’ But underneath it’s what Marx calls ‘relative surplus value,’ a way to endlessly generate profit by transforming surplus value created by labor into what appears to be a self generated, pure good.
What I love about The Bear is that it’s a lesson in how the basis for economic exploitation is idealism, how it transforms labor into a science of efficiency while claiming to preserve and even enhance its humanity and artistry.
My novel “Death Row Restaurant” explores and satirizes this trend. It’s The Bear meets Mindhunter. After all, what Carmy fails to realize is that the authenticity and satisfaction he seeks has more in common with the serial killer than with the saint.
Psychoanalysis can explain things other modes of thinking cannot explain. Check out Todd’s piece on right wing populism and pure excess.
https://t.co/kbP8dbZyPb
@PetreRaleigh What’s crazy is that it seems to be no threat to colleges charging hundreds of thousands of dollars for degrees. I always thought college would have to protect their legitimacy of classes with so much money at stake. But they have literally just left it to instructors.
A direct investment in fictitious capital. On the one hand, I seriously object. On the other, it’s not like fictitious capital isn’t everywhere in the form of interest bearing capital.
Probably a good time to reread “The Power of Money.”
“I am bad, dishonest, unscrupulous, stupid; but money is honoured, and hence its possessor. Money is the supreme good, therefore its possessor is good. Money, besides, saves me the trouble of being dishonest: I am therefore presumed honest. I am brainless, but money is the real brain of all things and how then should its possessor be brainless? Besides, he can buy clever people for himself, and is he who has [In the manuscript: ‘is’. – Ed.] power over the clever not more clever than the clever?”
https://t.co/2g4omE08hY