Originally Posted by Ezekiel
There are countless jobs that require human intervention. Automation advances but only inasmuch as it reduces labor costs (which is not always the case) so the capitalist will look for cheap labor (but human labor) where needed. This increases surplus value. Globalization, and its attendant Trade Agreements and Trade Policies are an attempt to procure that cheap labor as well as expanding markets, because, when the domestic market becomes saturated, as it tends to in highly developed economies, and the capitalist can produce goods at a lower cost she can offer those goods domestically, thus, depressing the level of wages in their own countries - increasing again the surplus value.
Vicious cycle aimed solely at increasing the share of wealth that goes to the capitalist as opposed to that which would be distributed in society.
Bow


Contrarian, extraordinaire