>>> Mike Ballard
Charles Turner quoted Johan S:
The involvement of users and audiences in the production process answers the question how capitalism can sustain profits despite approaching a state of near total automation. Extensive use of machinery has not abolished the law of value or made it immeasurable (i.e. Negri) but it certainly has changed the terms of its operations.
Living labour has been expulsed from inside the production process and
the jurisdiction of trade unions. But labour returns from the ashes with a vengeance.
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Point of information:
Labor produces fixed capital, the machinery of production, as well as participating in tending, repairing same. SNLT in the form of value passes into the products of labour from fixed capital via "depreciation".
Mike B)
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CB: Point of information: Approaching a state of near total automation ? How's that ? There is no such thing as a perpetual motion machine.