In this latest video from our recent Capital in a Day event, Adam Booth – editor of www.socialist.net – looks at the ideas and concepts introduced in chapters 12-15 of Das Kapital, where Marx explains how the capitalists use machinery, organisation, and planning in order to reduce their costs and boost their profits.
Adam, in turn, relates these questions to the zeitgeist issues of today: the monopolisation of industry under capitalism, and the concerns over automation, “technological unemployment” and the “race against the machine”.
Click here to see the rest of the talks from the ‘Capital in a Day’ school.
