[lbo-talk] Updating the Baran/Sweezy Perspective: Microsoft et. al.

Doug Henwood dhenwood at panix.com
Mon Mar 8 12:09:50 PST 2004


Michael Dawson -PSU wrote:


>Magdoff and Sweezy have long argued that the computer would have been an
>epoch-making invention, but for its strong tendency to reduce, rather than
>boost, the demand for labor.

Computers are over 50 years old, and the global proletariat has what, doubled or tripled? Did this effect just kick in with the U.S. business cycle peak in 2001?

Doug



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