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Replying to Avatar Aurelius

The people will only gain from the growth in productivity if those gains are not co-opted by our masters. The masters’ plan is to use the technology and make the workers obsolete and destitute. The jobless and poor are the easiest to control.

Karl Marx believed that technology would free laborers from the constraints of capital by enabling them greater productivity with less work. That didn’t turn out to be the case. Capitalists controlled the technology, so they pocketed the value difference created by it, and just had laborers working for less money.

Centralization of technology was the catch. If Marx were writing today, I believe he would say the same but with the added call for decentralized technology which puts the power of tech into the hands of the masses Marx would be a raging Bitcoiner and Nostrich.

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Aurelius 2y ago

“Concentration of wealth leads naturally to the concentration of power, which in turn translates to legislation favoring the interests of the rich and powerful and thereby increasing even further the concentration of power and wealth.”

Noam Chomsky

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